Carbon fund boosts Treasury stock with CO2 unit acquisition

Carbon Fund [NZX:CO2] announced on April 4, 2025, the acquisition of 22,514 CO2 units to be held as treasury stock. This purchase, executed at a price of NZD 1.5500 per unit, totals NZD 34,896.70. The acquisition increases the fund's treasury stock in accordance with its master trust deed, accounting for 0.0708% of total units on issue. Following this acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, now stands at 31,777,663. The fund's net tangible assets are valued at 1.7515. Salt Investment Funds Limited, which manages the Carbon Fund, aims to provide investors exposure to carbon credit prices through strategic investments in emissions trading schemes. The fund's product disclosure statement is available at www.carbonfund.co.nz.