Reported Monday, TransAlta Announced Renewal of Normal Course Issuer Bid To Repurchase Up To 14M Common Shares

5/28/24 2:52:16 AM ET

Electric Utilities: Central

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Pursuant to the NCIB, TransAlta may repurchase up to a maximum of 14,000,000 Common Shares, representing approximately 4.6% of the 303,256,652 Common Shares issued and outstanding as at May 27, 2024. Purchases under the NCIB may be made through open market transactions on the TSX and any alternative Canadian trading systems on which the Common Shares are traded, based on the prevailing market price. Any Common Shares purchased under the NCIB will be cancelled.

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Recent Analyst Ratings for
$TAC

Date	Rating	Analyst
11/6/2024	Buy → Hold	Desjardins
10/30/2024	Buy	Desjardins
4/12/2023	Neutral → Outperform	Credit Suisse
2/1/2023	Outperform → Neutral	Credit Suisse
3/22/2022	Buy → Neutral	BofA Securities

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$TAC
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TransAlta to Acquire Heartland Generation from Energy Capital Partners at a Reduced Price of $542 Million
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
11/14/24 7:00:12 AM ET
$TAC
Electric Utilities: Central
Utilities
TransAlta Reports Strong Third Quarter 2024 Results
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,
11/5/24 7:04:01 AM ET
$TAC
Electric Utilities: Central
Utilities
TransAlta Declares Dividends
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
10/23/24 4:31:00 PM ET
$TAC
Electric Utilities: Central
Utilities

TransAlta Corporation Announces Results of the Annual Meeting of Shareholders and Election of all Directors
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
4/25/24 4:34:32 PM ET
$TAC
Electric Utilities: Central
Utilities
TransAlta Announces Retirement of CFO and Appointment of New CFO
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
4/11/24 7:00:00 AM ET
$TAC
Electric Utilities: Central
Utilities
TransAlta Corporation Announces Results of the Annual and Special Meeting of Shareholders and Election of all Directors
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
4/28/23 9:23:00 PM ET
$TAC
Electric Utilities: Central
Utilities

TransAlta Reports Strong Third Quarter 2024 Results
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,
11/5/24 7:04:01 AM ET
$TAC
Electric Utilities: Central
Utilities
TransAlta Declares Dividends
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
10/23/24 4:31:00 PM ET
$TAC
Electric Utilities: Central
Utilities
Media Advisory: TransAlta Third Quarter 2024 Results and Conference Call
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
10/4/24 4:15:00 PM ET
$TAC
Electric Utilities: Central
Utilities

Reported Monday, TransAlta Announced Renewal of Normal Course Issuer Bid To Repurchase Up To 14M Common Shares

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Recent Analyst Ratings for
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Press Releases

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TransAlta to Acquire Heartland Generation from Energy Capital Partners at a Reduced Price of $542 Million

TransAlta Reports Strong Third Quarter 2024 Results

TransAlta Declares Dividends

$TAC
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SEC Form 6-K filed by TransAlta Corporation

SEC Form 6-K filed by TransAlta Corporation

SEC Form 6-K filed by TransAlta Corporation

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SEC Form SC 13G/A filed by TransAlta Corporation (Amendment)

SEC Form SC 13D/A filed by TransAlta Corporation (Amendment)

SEC Form SC 13G/A filed by TransAlta Corporation (Amendment)

TransAlta downgraded by Desjardins

Desjardins resumed coverage on TransAlta

TransAlta upgraded by Credit Suisse

TransAlta shares are trading higher after CIBC maintained an Outperform rating on the stock and lowered its price target from C$16.5 to C$15.5

CIBC Maintains Outperformer on TransAlta, Lowers Price Target to C$15.5