Bullboard - Stock Discussion Forum TransAlta Corp T.TA.PR.G

Primary Symbol: T.TA Alternate Symbol(s): T.TA.PR.F | TACPF | TSLTF | T.TA.PR.H | T.TA.PR.J | TAC | T.TA.PR.D | T.TA.PR.E

Utilities Utilities - Independent Power Producers

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets, utilizing a range of input resources that includes water, wind, solar, natural gas and thermal coal in Canada, the United States and Australia. The Company provides clean power for municipalities, medium and large industries, and utility customers. Its segments include Hydro, Wind & Solar... see more

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TransAlta Corp > Enters into Automatic Share Purchase Plan

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Post by Betteryear2 on Dec 19, 2023 10:31am

Enters into Automatic Share Purchase Plan

CALGARY, AB, Dec. 19, 2023 /PRNewswire/ - 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").

TransAlta Corporation Enters into Automatic Share Purchase Plan (prnewswire.com)

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Comment by KozmoT on Dec 19, 2023 1:16pm

Good news ... here's an excerpt ... "The Company believes that the prevailing price for the Common Shares may not, from time to time, reflect the underlying value of the Common Shares and that the purchase of Common Shares pursuant to the NCIB may be an attractive and appropriate use of available funds relative to other alternatives. The ASPP will facilitate purchases under the NCIB ...more

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TransAlta Corp