Carbon fund acquires 77,851 CO2 units for treasury stock

Carbon Fund (NZX:CO2) announced today that it has acquired 77,851 units in the Carbon Fund. The acquisition was made at a price of 1.3933 per unit, totaling approximately NZD108,469.80. These units, acquired on May 1, 2025, will be held as treasury stock under the authority of the Master Trust Deed, and are 0.2512% of the total units issued. Following this transaction, the total number of fully paid ordinary units in existence now stands at 30,997,793.00, after accounting for treasury stock. Salt Investment Funds Limited, the fund's manager, also reported the Net Tangible Assets (NTA) at 1.5899 per unit. As of May 1, 2025, the fund's units on issue remain at 30,997,793.00 units. Carbon Fund aims to provide investors with exposure to carbon credits by investing in emissions trading schemes. The fund is managed by Salt Investment Funds Limited, a subsidiary of Salt Funds Management Limited.