TransAlta Stock Price, News & Analysis

TransAlta Corporation (NYSE: TAC) has announced its quarterly dividend declarations for both common shares and preferred shares. The company will pay a quarterly dividend of $0.065 per common share on October 1, 2025, to shareholders of record as of September 1, 2025.

Additionally, TransAlta declared dividends for its six series of Preferred Shares (Series A, B, C, D, E, and G), with dividend rates ranging from 2.877% to 6.894% and payment dates set for September 30, 2025. The Series B and D Preferred Shares feature quarterly floating rates that reset each quarter. All dividends are expressed in Canadian dollars.

TransAlta Corporation (NYSE:TAC) has announced it will release its second quarter 2025 financial results on Friday, August 1, 2025, before markets open. The company will host a conference call and webcast at 9:00 a.m. Mountain Time (11:00 a.m. ET) the same day.

TransAlta is one of Canada's largest wind power producers and Alberta's largest producer of thermal generation and hydro-electric power. The company has achieved significant environmental milestones, including a 70% reduction in GHG emissions since 2015 and an upgraded MSCI ESG rating of AA.

TransAlta Corporation (NYSE: TAC) has announced a new Normal Course Issuer Bid (NCIB) program to repurchase up to 14 million common shares, representing approximately 4.7% of outstanding shares. The program will run from May 31, 2025, to May 30, 2026. Under TSX rules, daily purchases are limited to 481,658 shares, except for block purchases. Under its previous NCIB, TransAlta repurchased 7,963,000 shares at an average price of $12.00 per share. The company views this NCIB as a strategic capital allocation tool to enhance shareholder value when share prices don't reflect underlying value. TransAlta is a major Canadian power generation company, notably being Canada's largest wind power producer and Alberta's largest hydro-electric power producer.

TransAlta Corporation (NYSE: TAC) reported its Q1 2025 financial results with mixed performance. The company achieved strong operational availability of 94.9%, up from 92.3% in 2024. However, financial metrics showed declines: Adjusted EBITDA fell to $270 million (vs $342M in 2024), Free Cash Flow decreased to $139 million ($0.47/share vs $0.72/share), and cash flow from operations dropped to $7 million (vs $244M). Notable developments include a strategic partnership with Nova Clean Energy, granting TransAlta exclusive rights to purchase late-stage development projects in western U.S., and the successful issuance of $450 million in medium-term notes. The company increased its quarterly dividend by 8% to $0.065 per share and maintained its 2025 guidance despite challenging Alberta power prices.

TransAlta (TSX: TA) (NYSE: TAC) held its 2025 Annual and Special Meeting of Shareholders with 63.43% representation of outstanding common shares. All eleven director nominees were successfully elected with strong approval rates, most receiving over 98% support. Thomas M. O'Flynn received the lowest approval at 91.13%.

Key meeting outcomes included:

• Appointment of Ernst & Young LLP as 2025 auditors (96.74% approval)
• Approval of executive compensation through say-on-pay vote (98.90% support)
• Continuation of Amended and Restated Shareholder Rights Plan (97.44% in favor)

TransAlta (TSX: TA) (NYSE: TAC) has announced its quarterly dividend declarations for its Cumulative Redeemable Rate Reset First Preferred Shares for the period from March 31, 2025, to June 30, 2025.

The dividend rates and amounts per share for each series are:

• Series A (TA.PR.D): 2.877% at $0.17981
• Series B (TA.PR.E): 4.868% at $0.30342
• Series C (TA.PR.F): 5.854% at $0.36588
• Series D (TA.PR.G): 5.938% at $0.37011
• Series E (TA.PR.H): 6.894% at $0.43088
• Series G (TA.PR.J): 6.773% at $0.42331

All dividends are in Canadian dollars with a record date of June 1, 2025, and payment date of June 30, 2025. Series B and D feature quarterly floating rates that reset each quarter.

TransAlta (TSX: TA) (NYSE: TAC) has announced two upcoming events: its 2025 Annual Meeting of Shareholders and First Quarter 2025 Results Conference Call.

The Annual Meeting will be held on Thursday, April 24, 2025, at 11:30 a.m. Mountain Time in a virtual-only format. The meeting will focus solely on formal business matters without a management presentation.

The First Quarter 2025 results will be released on Wednesday, May 7, 2025, before markets open, followed by a conference call at 9:00 a.m. Mountain Time.

TransAlta, a major power generation company, operates in Canada, the United States, and Australia. The company has achieved significant environmental progress with a 70% reduction in GHG emissions (22.7 million tonnes CO2e) since 2015 and received an upgraded MSCI ESG rating of AA. It is currently one of Canada's largest wind power producers and Alberta's largest producer of thermal generation and hydro-electric power.

TransAlta (TSX: TA) (NYSE: TAC) has announced the implementation of an Automatic Share Purchase Plan (ASPP) to facilitate share repurchases under its existing Normal Course Issuer Bid (NCIB). The NCIB, approved by the Toronto Stock Exchange, allows for the purchase of up to 14,000,000 common shares between May 31, 2024, and May 30, 2025.

Since the NCIB's initiation, TransAlta has already purchased 6,102,300 shares at an average price of $11.89, totaling approximately $72.5 million. The ASPP, effective April 1, 2025, will enable share purchases during periods when the company would typically be restricted due to regulatory or self-imposed blackout periods.

The company believes its share price may not always reflect underlying value and views the buyback as an effective use of available funds. The ASPP will terminate upon reaching maximum purchase limits, by May 8, 2025, or upon company termination.

TransAlta (TSX: TA) (NYSE: TAC) reported strong 2024 financial results and announced an 8% dividend increase to $0.26 per share annually. The company achieved $1,253 million in adjusted EBITDA and $569 million in free cash flow, reaching the upper range of its 2024 guidance.

Key achievements include adding 2.2 GW of generation capacity through three contracted wind facilities and the $542 million acquisition of Heartland Generation. The company returned $214 million to shareholders through dividends and share repurchases at an average price of $10.59 per share.

For 2025, TransAlta expects to generate between $450 and $550 million in free cash flow. The company maintained strong operational performance with 91.2% availability in 2024 and completed several key projects, including the White Rock West and East wind facilities and the Horizon Hill facility.