Carbon fund acquires CO2 units for treasury stock
Carbon Fund (NZX:CO2) announced the acquisition of 37,014 CO2 units for treasury stock on May 27, 2025. The units were acquired at a price of 1.4362 per unit, totaling NZD53,159.51 in cash. This acquisition represents 0.1241% of the total units on issue, increasing the total fully paid ordinary units in existence after acquisition to 29,815,046.00. The acquisition, made pursuant to the Master Trust Deed, increases Carbon Fund's treasury stock. Salt Investment Funds Limited manages the Carbon Fund. As of May 27, 2025, the Net Tangible Assets (NTA) per unit is 1.6643. The Fund aims to provide investors with total return exposure to carbon credits, operating within emissions trading schemes in New Zealand and offshore.
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