Carbon Fund acquires Treasury stock; NTA stands at $1.574

Carbon Fund (NZX:CO2), managed by Salt Investment Funds Limited, has announced the acquisition of 6,874 units of its own stock as treasury stock, as per Rule 3.13.1 of the NZX Listing Rules. The purchase, made on April 28, 2025, was executed at a price of 1.4300 per unit, totaling NZD 9,829.82 and constitutes 0.0220% of the fund's total units on issue. This acquisition, authorized under the Master Trust Deed, brings the total fully paid ordinary units in existence (excluding treasury stock) to 31,238,890.00. Separately, Salt Investment Funds Limited reported the fund's net tangible assets (NTA) at 1.574 as of April 28, 2025. Carbon Fund aims to provide investors with total returns reflecting carbon credit prices, utilizing emissions trading schemes in New Zealand and abroad, specifically investing in carbon credits within the NZ Emissions Trading Scheme.