Carbon fund acquires CO2 units as treasury stock

Carbon Fund (NZX:CO2) announced today the acquisition of 46,550 CO2 units for NZD66,762.01, priced at NZD1.4342 per unit. This acquisition, executed on May 26, 2025, increases the total number of fully paid ordinary units in existence to 29,852,060.00 (excluding treasury stock). The units were acquired as treasury stock pursuant to the Master Trust Deed. Simultaneously, the fund reported its Net Tangible Assets (NTA) as NZD1.6679 per unit as of May 26, 2025. Carbon Fund aims to provide investors with exposure to the price of carbon credits, buying credits in emissions trading schemes in New Zealand and offshore. Salt Investment Funds Limited manages the Carbon Fund.