Carbon Fund acquires 5,507 units, boosting treasury stock

Carbon Fund (NZX:CO2) announced the acquisition of 5,507 units in the Carbon Fund at a price of 1.4700 per unit, for a total value of NZD8,095.29. The transaction, executed on June 26, 2025, increases the company's holdings of treasury stock, bringing the total number of fully paid ordinary units in existence to 28,673,207.00 after excluding treasury stock. Representing 0.0192% of the total units on issue, the acquisition was conducted pursuant to the Master Trust Deed, bolstering the company's treasury stock. Simultaneously, Salt Investment Funds Limited reported the Net Tangible Assets (NTA) per unit at 1.7448 as of the same date. Carbon Fund's aim is to provide investors with a total return exposure to the price of carbon credits. The Fund gains its exposure to the price of carbon credits in the NZ Emissions Trading Scheme through purchasing and holding carbon credits on the NZ Emissions Trading Scheme.