Carbon fund reports NTA, acquires CO2 units for Treasury

Carbon Fund (NZX:CO2) reported its Net Tangible Assets (NTA) at NZD 1.6859 as of April 9, 2025. Simultaneously, the company announced the acquisition of 64,185 of its own units in the Carbon Fund for a total of NZD 94,345.53, with a per-unit acquisition price of NZD 1.4699. The units were fully paid and acquired as treasury stock pursuant to the Master Trust Deed, representing 0.2030% of the total units in issue. Following the acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, remains at 31,619,552. The Fund, managed by Salt Investment Funds Limited, aims to provide investors with exposure to the price of carbon credits in emissions trading schemes, primarily through purchasing and holding carbon credits in the New Zealand Emissions Trading Scheme.