FilingReader Intelligence

Carbon fund acquires CO2 units for treasury stock

March 13, 2025 at 10:00 AM UTCBy FilingReader AI

Carbon Fund (NZX:CO2) announced the acquisition of 66,196 CO2 units at a price of $1.6500 per unit, totaling $109,223.40. These units will be held as treasury stock, according to the Master Trust Deed. This acquisition accounts for 0.2056% of the total units on issue. The total number of fully paid ordinary units post-acquisition stands at 32,190,725.00. Concurrently, Carbon Fund reported a Net Tangible Asset (NTA) value of $1.8401 per unit as of March 12, 2025. Managed by Salt Investment Funds Limited, a subsidiary of Salt Funds Management, the fund aims to provide investors exposure to carbon credit prices, primarily through purchasing and holding credits within the NZ Emissions Trading Scheme and similar schemes offshore.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

NZX:CO2New Zealand Exchange

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