CALGARY, Alberta, April 23, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX:TA) (NYSE:TAC) declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including March 31, 2025, up to but excluding June 30, 2025: Preferred SharesTSX Stock SymbolDividend RateDividend Per ShareRecord DatePayment DateSeries ATA.PR.D2.877%$0.17981June 1, 2025June 30, 2025Series B*TA.PR.E4.868%$0.30342June 1, 2025June 30, 2025Series CTA.PR.F5.854%$0.36588June 1, 2025June 30, 2025Series D*TA.PR.G5.938%$0.37011June 1, 2025June 30, 2025Series ETA.PR.H6.894%$0.43088June 1, 2025June 30, 2025Series GTA.PR.J6.773

CALGARY, Alberta, April 08, 2025 (GLOBE NEWSWIRE) -- 2025 Annual Meeting of TransAlta Corporation Shareholders On Thursday, April 24, 2025, TransAlta Corporation ("TransAlta") (TSX:TA) (NYSE:TAC) will hold its annual meeting of shareholders at 11:30 a.m. Mountain Time (1:30 p.m. Eastern Time) in a virtual-only meeting format via live audio webcast (https://meetings.400.lumiconnect.com/r/participant/live-meeting/400-164-661-424). The management proxy circular (available at https://transalta.com/investors/results-reporting/) provides detailed information about the business of the meeting and the voting process. TransAlta will only conduct the formal business of the meeting and there w

CALGARY, Alberta, March 26, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA) (NYSE:TAC) announced today that it has entered into an automatic share purchase plan ("ASPP") with its broker in order to facilitate repurchases of TransAlta's common shares ("Common Shares") under the Company's previously announced normal course issuer bid ("NCIB"). The Company previously announced that it had received approval from the Toronto Stock Exchange ("TSX") to purchase up to 14,000,000 of its Common Shares during the 12-month period that commenced May 31, 2024, and terminates May 30, 2025. Purchases under the NCIB may be made through open market transactions on t

CALGARY, Alberta, Jan. 16, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta") (TSX:TA)(NYSE:TAC) will release its fourth quarter and full year 2024 results before markets open on Thursday, February 20, 2025. A conference call and webcast to discuss the results will be held for investors, analysts, members of the media and other interested parties the same day beginning at 9:00 a.m. Mountain Time (11:00 a.m. ET). Fourth Quarter and Full Year 2024 Conference Call:Webcast link: https://edge.media-server.com/mmc/p/zd49obg6 To access the conference call via telephone, please register ahead of time using the call link below: https://register.vevent.com/register/BI5c12d9a2da0e4e06892f

CALGARY, Alberta, Dec. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX:TA) (NYSE:TAC) declared a quarterly dividend of $0.06 per common share payable on April 1, 2025, to shareholders of record at the close of business on March 1, 2025. The Board of Directors also declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including December 31, 2024, up to but excluding March 31, 2025: Preferred SharesTSX Stock SymbolDividend RateDividend Per ShareRecord DatePayment DateSeries ATA.PR.D2.877%$0.17981March 1, 2025March 31, 2025Series B*TA.PR.E5.511%$0.33972March 1, 2025March 31,

CALGARY, Alberta, Nov. 05, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA) (NYSE:TAC) today reported its financial results for the three and nine months ended Sept. 30, 2024, demonstrating another quarter of strong financial performance. "Our third quarter results illustrate the value of our proactive hedging strategy together with the active management of our Alberta merchant portfolio. Our asset optimization strategies have achieved exceptional results and we are tracking toward the upper end of our 2024 guidance given our portfolio position and performance during the first nine months of the year," said John Kousinioris,

CALGARY, Alberta, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX:TA) (NYSE:TAC) declared a quarterly dividend of $0.06 per common share payable on January 1, 2025, to shareholders of record at the close of business on December 1, 2024. The Board of Directors also declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including September 30, 2024, up to but excluding December 31, 2024: Preferred SharesTSX Stock SymbolDividend RateDividend Per ShareRecord DatePayment DateSeries ATA.PR.D2.877%$0.17981December 1, 2024December 31, 2024Series B*TA.PR.E6.235%$0.39182Decem

CALGARY, Alberta, Oct. 04, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta") (TSX:TA) (NYSE:TAC) will release its third quarter 2024 results before markets open on Tuesday, November 5, 2024. A conference call and webcast to discuss the results will be held for investors, analysts, members of the media and other interested parties the same day beginning at 9:00 a.m. Mountain Time (11:00 a.m. ET). The media will be invited to ask questions following analysts. Third Quarter 2024 Conference Call:Webcast link: https://edge.media-server.com/mmc/p/22yb3pn9 To access the conference call via telephone, please register ahead of time using the call link below: https://register.vevent.com

CALGARY, Alberta, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Further to the news release of TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA, NYSE:TAC) dated August 22, 2024, the Company announced today the applicable dividend rates for its cumulative redeemable rate reset first preferred shares Series G ("Series G Shares") (TSX:TA) and cumulative redeemable floating rate first preferred shares Series H of the Company ("Series H Shares"). With respect to any Series G Shares that remain outstanding after September 30, 2024, holders thereof will be entitled to receive quarterly fixed cumulative preferential cash dividends, if, as and when declared by the Board of Directors of TransAlta.

CALGARY, Alberta, Aug. 22, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA, NYSE:TAC) announced today that it does not intend to exercise its right to redeem all or any part of the currently outstanding cumulative redeemable rate reset first preferred shares Series G ("Series G Shares") (TSX:TA) on September 30, 2024 (the "Conversion Date"). As a result, the holders of the Series G Shares will have the right to convert all or any of their Series G Shares into cumulative redeemable floating rate first preferred shares Series H of the Company ("Series H Shares") on the basis of one Series H Share for each Series G Share on the Conversion Date subject to

Jefferies initiated coverage of TransAlta with a rating of Hold

CIBC upgraded TransAlta from Neutral to Sector Outperform

Scotiabank downgraded TransAlta from Sector Outperform to Sector Perform

CIBC downgraded TransAlta from Sector Outperform to Neutral

Desjardins downgraded TransAlta from Buy to Hold

Desjardins resumed coverage of TransAlta with a rating of Buy

Credit Suisse upgraded TransAlta from Neutral to Outperform

Credit Suisse downgraded TransAlta from Outperform to Neutral

BofA Securities downgraded TransAlta from Buy to Neutral

BMO Capital Markets upgraded TransAlta from Market Perform to Outperform

CALGARY, Alberta, April 24, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX:TA) (NYSE:TAC) ("TransAlta" or the "Company") held its Annual and Special Meeting of Shareholders ("the Meeting") on April 24, 2025. The total number of common shares represented by shareholders at the Meeting and by proxy was 188,962,557, representing 63.43 per cent of the Company's outstanding common shares. The following resolutions were considered by shareholders: Election of Directors The eleven director nominees proposed by management were elected.  The votes by ballot were received as follows: NomineeVotes ForPer centAgainstPer centBrian Baker185,156,96799.63%680,8710.37%John P. Dielwart184,711,18999.

CALGARY, Alberta, April 23, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX:TA) (NYSE:TAC) declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including March 31, 2025, up to but excluding June 30, 2025: Preferred SharesTSX Stock SymbolDividend RateDividend Per ShareRecord DatePayment DateSeries ATA.PR.D2.877%$0.17981June 1, 2025June 30, 2025Series B*TA.PR.E4.868%$0.30342June 1, 2025June 30, 2025Series CTA.PR.F5.854%$0.36588June 1, 2025June 30, 2025Series D*TA.PR.G5.938%$0.37011June 1, 2025June 30, 2025Series ETA.PR.H6.894%$0.43088June 1, 2025June 30, 2025Series GTA.PR.J6.773

CALGARY, Alberta, April 08, 2025 (GLOBE NEWSWIRE) -- 2025 Annual Meeting of TransAlta Corporation Shareholders On Thursday, April 24, 2025, TransAlta Corporation ("TransAlta") (TSX:TA) (NYSE:TAC) will hold its annual meeting of shareholders at 11:30 a.m. Mountain Time (1:30 p.m. Eastern Time) in a virtual-only meeting format via live audio webcast (https://meetings.400.lumiconnect.com/r/participant/live-meeting/400-164-661-424). The management proxy circular (available at https://transalta.com/investors/results-reporting/) provides detailed information about the business of the meeting and the voting process. TransAlta will only conduct the formal business of the meeting and there w

CALGARY, Alberta, March 26, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA) (NYSE:TAC) announced today that it has entered into an automatic share purchase plan ("ASPP") with its broker in order to facilitate repurchases of TransAlta's common shares ("Common Shares") under the Company's previously announced normal course issuer bid ("NCIB"). The Company previously announced that it had received approval from the Toronto Stock Exchange ("TSX") to purchase up to 14,000,000 of its Common Shares during the 12-month period that commenced May 31, 2024, and terminates May 30, 2025. Purchases under the NCIB may be made through open market transactions on t

CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX:TA) (NYSE:TAC) today reported its financial results for the fourth quarter and year ended Dec. 31, 2024. "Our business delivered solid results within the upper range of our guidance, driven by high availability across our generation portfolio, along with the enduring performance of our optimization and hedging strategies. During the year, we added 2.2 GW of generation to our fleet, with three contracted wind facilities achieving commercial operation in addition to the acquisition of Heartland Generation. We also returned $214 million, or $0.71 per share, of value to shareholders throu

CALGARY, Alberta, Jan. 16, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta") (TSX:TA)(NYSE:TAC) will release its fourth quarter and full year 2024 results before markets open on Thursday, February 20, 2025. A conference call and webcast to discuss the results will be held for investors, analysts, members of the media and other interested parties the same day beginning at 9:00 a.m. Mountain Time (11:00 a.m. ET). Fourth Quarter and Full Year 2024 Conference Call:Webcast link: https://edge.media-server.com/mmc/p/zd49obg6 To access the conference call via telephone, please register ahead of time using the call link below: https://register.vevent.com/register/BI5c12d9a2da0e4e06892f

CALGARY, Alberta, Dec. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX:TA) (NYSE:TAC) declared a quarterly dividend of $0.06 per common share payable on April 1, 2025, to shareholders of record at the close of business on March 1, 2025. The Board of Directors also declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including December 31, 2024, up to but excluding March 31, 2025: Preferred SharesTSX Stock SymbolDividend RateDividend Per ShareRecord DatePayment DateSeries ATA.PR.D2.877%$0.17981March 1, 2025March 31, 2025Series B*TA.PR.E5.511%$0.33972March 1, 2025March 31,

CALGARY, Alberta, Dec. 04, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX:TA, NYSE:TAC) ("TransAlta" or "Company") announced today that it has completed its acquisition of Heartland Generation Ltd. and Alberta Power (2000) Ltd. (collectively, "Heartland") from Energy Capital Partners ("ECP"). The acquisition, which includes Heartland's entire business operations in Alberta and British Columbia, was completed for an aggregate purchase price of $542 million, reduced by approximately $95 million to reflect the economic benefit of the Heartland business arising since October 31, 2023, resulting in a net cash payment of $215 million before working capital adjustments. As previously disclo

CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Highlights TransAlta and ECP have agreed to an $80 million purchase price reduction to reflect two required asset divestitures representing 97 MW (net ownership)Transaction revalued at approximately $542 million, inclusive of the assumption of $232 million of low-cost debt, and subject to a further favourable economic adjustment of approximately $80 million, reflecting the economic benefit of the Heartland business arising since the effective date of the transaction of October 31, 2023, prior to working capital adjustmentsHeartland portfolio valued at a net price of approximately $270 per kilowatt, with an expected EBITDA multiple1 of

CALGARY, Alberta, Nov. 05, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA) (NYSE:TAC) today reported its financial results for the three and nine months ended Sept. 30, 2024, demonstrating another quarter of strong financial performance. "Our third quarter results illustrate the value of our proactive hedging strategy together with the active management of our Alberta merchant portfolio. Our asset optimization strategies have achieved exceptional results and we are tracking toward the upper end of our 2024 guidance given our portfolio position and performance during the first nine months of the year," said John Kousinioris,

CALGARY, Alberta, April 24, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX:TA) (NYSE:TAC) ("TransAlta" or the "Company") held its Annual and Special Meeting of Shareholders ("the Meeting") on April 24, 2025. The total number of common shares represented by shareholders at the Meeting and by proxy was 188,962,557, representing 63.43 per cent of the Company's outstanding common shares. The following resolutions were considered by shareholders: Election of Directors The eleven director nominees proposed by management were elected.  The votes by ballot were received as follows: NomineeVotes ForPer centAgainstPer centBrian Baker185,156,96799.63%680,8710.37%John P. Dielwart184,711,18999.

CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX:TA) (NYSE:TAC) ("TransAlta" or the "Company") held its Annual Meeting of Shareholders ("the Meeting") on April 25, 2024. The total number of common shares represented by shareholders at the Meeting and by proxy was 194,587,285, representing 63.21 per cent of the Company's outstanding common shares. The following resolutions were considered by shareholders: Election of Directors The twelve director nominees proposed by management were elected. The votes by ballot were received as follows: NomineeVotes ForPer centAgainstPer centJohn P. Dielwart187,971,08799.50%952,2080.50%Alan J. Fohrer187,736,51799.37%1,186,6

CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA) (NYSE:TAC) announced today the retirement of Todd Stack, Executive Vice-President, Finance and Chief Financial Officer from the Company, effective June 30, 2024. "On behalf of the Board of Directors and management team, I wish to express my deep appreciation to Todd for his contributions to TransAlta and its success during his 34-year tenure with the Company. As CFO, Todd has played a leadership role in strengthening our balance sheet and simplifying our corporate structure as he helped position TransAlta to deliver on its strategic objectives into the future," said John Ko

CALGARY, AB, April 28, 2023 /PRNewswire/ - TransAlta Corporation (TSX:TA) (NYSE:TAC) ("TransAlta" or the "Company") held its Annual and Special Meeting of Shareholders ("the Meeting") on April 28, 2023.  The total number of common shares represented by shareholders at the Meeting and by proxy was 151,051,401, representing 56.49 per cent of the Company's outstanding common shares. The following resolutions were considered by shareholders: Election of Directors  The thirteen director nominees proposed by management were elected.  The votes by ballot were received as follows: Nominee Votes For Per cent Withheld Per cent Rona H. Ambrose 148,554,412 99.33 % 1,009,260 0.67 % John P. Dielwart 149,1

CALGARY, AB, Dec. 15, 2022 /PRNewswire/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA) (NYSE:TAC) announced today its financial outlook for 2023. HighlightsAdjusted EBITDA(1) range of $1.20 billion to $1.32 billionFree Cash Flow(1)(2) range of $560 million to $660 million or FCF per share range of $2.07 to $2.44Sustaining capital(3) range of $140 million to $170 millionContinued delivery of TransAlta's Clean Electricity Growth Plan by reaching final investment decision on 500 MW of additional clean energy projects across Alberta, the United States and Australia to deliver $75 million to $100 million of incremental adjusted EBITDAAppointment of Ms. Manjit Sharma to the Compan

CALGARY, AB, April 28, 2022 /PRNewswire/ - TransAlta Corporation (TSX:TA) (NYSE:TAC) ("TransAlta" or the "Company") held its Annual and Special Meeting of Shareholders ("the Meeting") on April 28, 2022.  The total number of common shares represented by shareholders at the Meeting and by proxy was 189,079,207, representing 69.60 per cent of the Company's outstanding common shares. The following resolutions were considered by shareholders: 1.            Election of DirectorsThe twelve director nominees proposed by management were elected.  The votes by ballot were received as follows: Nominee Votes For Per cent Withheld Per cent Rona H. Ambrose 180,301,403 96.83% 5,896,534 3.17% John P. Dielwa

CALGARY, AB, May 4, 2021 /PRNewswire/ - TransAlta Corporation (TSX:TA) (NYSE:TAC) ("TransAlta" or the "Company") held its virtual Annual and Special Meeting of Shareholders on May 4, 2021.  A total of 185,645,958 common shares, representing 68.79 per cent of the shares outstanding, were represented at the meeting. The following resolutions were considered by Shareholders: 1.            Election of Directors  The twelve director nominees proposed by management were elected.  The votes by ballot were received as follows: Nominee Votes For Per cent Withheld Per cent Rona H. Ambrose 182,167,298 99.15% 1,559,128 0.85% John P. Dielwart 183,271,407 99.77% 422,019 0.23% Alan J. Fohrer 183,128,587 9