TransAlta Reports Conversion Results, Focuses on Sustainability
Company Announcements

TransAlta Reports Conversion Results, Focuses on Sustainability

TransAlta (TSE:TA) has released an update.

TransAlta Corporation reported that insufficient Series G Preferred Shares were tendered for conversion into Series H, with only 20,607 shares submitted against the required one million. Consequently, no Series G Shares will be converted on September 30, 2024. The company highlighted its continued focus on long-term shareholder value, sustainable practices, and significant reduction in greenhouse gas emissions.

For further insights into TSE:TA stock, check out TipRanks’ Stock Analysis page.

Related Articles
GlobeNewswireTransAlta Announces Conversion Results for Series G and Series H Preferred Shares
TipRanks Canadian Auto-Generated NewsdeskTransAlta Sets New Dividend Rates for Preferred Shares
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App