Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/transalta-declares-key-actions-to-support-transiti.shtml

TransAlta declares key actions to support transition to Clean Power

TransAlta Corporation declared the key actions it is taking to support its transition from coal to gas-fired and renewable generation in the Province of Alberta and maximize its financial

[an error occurred while processing this directive]

Edit page New page Hide edit links

TransAlta Corporation-3

TransAlta Corporation declared the key actions it is taking to support its transition from coal to gas-fired and renewable generation in the Province of Alberta and maximize its financial flexibility.

These actions include revising the dividend to $0.16 per share on an annualized basis and suspending the Premium Dividend™, Dividend Reinvestment and Optional Common Share Purchase Plan (the "DRIP") effective immediately. TransAlta also confirmed that it remains on track to meet its 2015 and 2016 guidance.

Tags: TransAlta Corporation