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TransAlta declares key actions to support transition to Clean Power


Published Jan 15, 2016
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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 Dividendā„¢, 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




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