Carbon Fund acquires 51,025 CO2 units, boosting treasury stock

Carbon Fund (NZX:CO2) announced today, May 30, 2025, the acquisition of 51,025 of its CO2 units, priced at NZD73,180.06, or NZD1.4342 per unit. The purchase, executed on May 29, 2025, represents 0.1718% of the total units on issue, bringing the total number of fully paid ordinary units in existence (excluding treasury stock) to 29,703,069.00. The acquired units will be held as treasury stock, pursuant to the Master Trust Deed. Simultaneously, Salt Investment Funds Limited reported the Fund's Net Tangible Assets (NTA) at 1.6744 per unit as of the same date. The fund aims to provide investors with a total return exposure to the price of carbon credits by buying carbon credits in emissions trading schemes in New Zealand and offshore. Salt Investment Funds Limited manages the Carbon Fund.