TransAlta declares key actions to support transition to Clean Power (Scandinavian Oil-Gas Magazine)

TransAlta declares key actions to support transition to Clean Power

Published Jan 15, 2016

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

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