Carbon fund acquires CO2 units for treasury stock

Carbon Fund (NZX:CO2) announced the acquisition of 16,636 of its own CO2 units on June 30, 2025, to be held as treasury stock, according to Rule 3.13.1 of the NZX Listing Rules. The units were acquired for a total of NZD24,810.93, at a price of NZD1.4914 per unit. The acquisition represents 0.0581% of the total units on issue. This move is pursuant to the Master Trust Deed. The total number of fully paid ordinary units in existence after the acquisition, excluding any treasury stock, stands at 28,638,739.00. Separately, Carbon Fund reported its Net Tangible Assets (NTA) as NZD1.7414 per unit as of June 30, 2025. Carbon Fund, managed by Salt Investment Funds Limited, aims to provide investors with exposure to carbon credit prices in both New Zealand and offshore markets. It achieves this by purchasing and holding carbon credits within the NZ Emissions Trading Scheme.