Carbon fund acquires CO2 units for treasury stock

Carbon Fund (NZX:CO2) announced the acquisition of 3,153 CO2 units, representing 0.0098% of total units on issue, on March 19, 2025. The units, valued at $5,139.39 with an acquisition price of $1.6300 each, were purchased for cash and will be held as treasury stock pursuant to the Master Trust Deed. Following the acquisition, the total number of fully paid ordinary units in existence stands at 32,059,535.00. Separately, Carbon Fund reported its Net Tangible Assets (NTA) at $1.8071 per unit as of March 19, 2025. Salt Investment Funds Limited manages the Carbon Fund, which aims to provide investors with returns tied to carbon credit prices through investments in emissions trading schemes.