CALGARY, Alberta, July 29, 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 October 1, 2024, to shareholders of record at the close of business on September 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 June 30, 2024, up to but excluding September 30, 2024: | ...

Investors might want to bet on TransAlta (TAC) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Most Powerful Force ...

ROCKAWAY, N.J., June 25, 2024 (GLOBE NEWSWIRE) -- electroCore, Inc. (Nasdaq: ECOR), a commercialstage bioelectronic medicine and wellness company, is thrilled to announce the Commercial Off the Shelf (COTS) availability of the next generation TAC-STIM™, a non-invasive vagus nerve stimulator (nVNS) designed in partnership with the US military to enhance human performance exclusively for active-duty military use. Key benefits of TAC-STIM include: TAC-STIM is available for wholesale purchase only. More informa ...

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 as it will allow for purchases of Common Shares to be made at times when the Company would ordinarily not be permitted to make purchases, whether due to regulatory ...

CALGARY, Alberta, June 24, 2024 (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 believes that the prevailing price for the Common Shares may not, from time to time, reflect the underlying value of ...

About TransAlta Corporation: TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with clean, affordable, energy efficient and reliable power. Today, TransAlta is one of Canada's largest producers of wind power and Alberta's largest producer of hydro-electric power. For over 112 years, T ...

Core Insights - TransAlta Corporation has announced the commercial operation of the 200 MW Horizon Hill Wind Project in Logan County, Oklahoma, which is fully contracted to Meta Platforms Inc. for clean electricity and environmental attributes [1][2] - The completion of Horizon Hill marks TransAlta's 30th wind facility and contributes to a total of 800 MW of contracted renewable electricity added since 2021, with over 60% of its fleet now contracted on a megawatt basis [2][3] - The facility is expected to generate an average annual adjusted EBITDA between US$31 million and US$33 million, including third-party sales of production tax credits (PTCs) [3] Company Developments - TransAlta has entered into a 10-year transfer agreement for approximately 80% of the expected PTCs from Horizon Hill with an AA- rated customer, with the remaining PTCs to be sold through spot transactions or contracted later [2][3] - The addition of Horizon Hill extends TransAlta's weighted-average contract life of its renewables portfolio to over 12 years [3] - The facility consists of 34 Vestas V162 and V136 turbines, enhancing TransAlta's US renewables fleet to over 1 GW [2][3] Environmental Commitment - TransAlta has achieved a 66% reduction in GHG emissions, equating to 21.3 million tonnes CO2e since 2015, and has received an upgraded MSCI ESG rating of AA [5]

CALGARY, Alberta, May 21, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that the 200 MW Horizon Hill Wind Project ("Horizon Hill"), located in Logan County, Oklahoma, has achieved commercial operation. The facility is fully contracted to Meta Platforms Inc. ("Meta"), which is receiving both clean electricity and environmental attributes from the new facility. "Since 2020, Meta has supported its global operations with 100 per cent wind and ...

Seebe Hydroelectric Dam near Exshaw at Night. Owned By TransAlta. James_Gabbert Note: All amounts are in Canadian Dollars. Stock Price referenced is the one on TSX. Let's face it. The TransAlta Corporation (TSX:TA:CA) thesis has not worked out. While we had a nice total return on its subsidiary TransAlta Renewables (which was eventually assimilated into the parent), TransAlta has been a far less satisfying experience. Since our first buy rating on this stock, it has been a value trap extraordinaire. Data by ...

TransAlta Corporation (NYSE:TAC) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Chiara Valentini - Vice President, Strategic Finance & Investor Relations John Kousinioris - President & Chief Executive Officer Todd Stack - Executive Vice President, Finance & Chief Financial Officer Blain Van Melle - Executive Vice President, Commercial & Customer Relations Conference Call Participants Mark Jarvi - CIBC John Mould - TD Securities Ben Pham - BMO Maurice Choy - RBC Capital Markets ...