Carbon fund acquires CO2 units, boosts treasury stock

Carbon Fund (NZX:CO2) announced the acquisition of 14,470 of its own units, valued at NZD20,101.72, at a price of 1.3892 per unit on April 30, 2025. This acquisition represents 0.0466% of the total units on issue and will be held as treasury stock, in accordance with the Master Trust Deed. Following the transaction, the total number of fully paid ordinary units in existence, excluding treasury stock, is 31,075,644.00. The net tangible assets per unit is 1.5694. As part of its core strategy, Carbon Fund aims to provide investors exposure to carbon credit prices, primarily through the NZ Emissions Trading Scheme. The fund is managed by Salt Investment Funds Limited.