Carbon fund announces CO2 unit acquisition for treasury stock
Carbon Fund [NZX:CO2] announced on May 5, 2025, the acquisition of 124,270 CO2 units as treasury stock at a price of NZD1.3800 per unit, totaling NZD171,492.60. According to the Salt Investment Funds Limited, this acquisition constitutes 0.4025% of total units on issue and increases total units on issue to 30,873,523.00. The acquisition was made pursuant to the Master Trust Deed. The Fund also announced its net tangible assets (NTA) of NZD1.5752 per unit on the same date. Salt Investment Funds Limited, a subsidiary of Salt Funds Management Limited, manages the Carbon Fund, which aims to provide investors exposure to carbon credit prices in New Zealand and offshore emissions trading schemes.
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