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TransAlta ( (TSE:TA) ) has issued an update.
On April 30, 2026, TransAlta Corporation held its Annual and Special Meeting of Shareholders in Calgary, with 188,939,751 common shares represented, or 63.55% of outstanding shares. Shareholders elected all nine management-nominated directors, including Joel E. Hunter and Sandra R. Sharman, confirming continuity in the company’s board leadership.
Investors also approved the appointment of Ernst & Young LLP as auditors for 2026 and backed the company’s executive compensation approach in a non-binding advisory vote. In addition, shareholders supported an increase in the number of common shares available under TransAlta’s Share Unit Plan, reinforcing management’s flexibility to use equity-based incentives as part of its compensation and retention strategy.
The most recent analyst rating on (TSE:TA) stock is a Buy with a C$24.00 price target. To see the full list of analyst forecasts on TransAlta stock, see the TSE:TA Stock Forecast page.
Spark’s Take on TA Stock
According to Spark, TipRanks’ AI Analyst, TA is a Neutral.
The score is held back primarily by weakened financial performance (2025 net loss, margin compression) and high leverage, partly offset by solid operating/free cash flow. Earnings call factors are moderately supportive due to meaningful hedging/contracting and defined 2026 EBITDA/FCF guidance, but near-term power price pressure and Centralia downtime add risk. Technicals are mixed and valuation support is limited given negative earnings.
To see Spark’s full report on TA stock, click here.
More about TransAlta
TransAlta Corporation is one of Canada’s largest publicly traded power generators, supplying reliable electricity across Canada, the United States and Western Australia. The company operates and evolves essential energy infrastructure with a technology-diverse portfolio, aiming to provide dependable power while adapting to changing energy systems and future demand.
Average Trading Volume: 1,331,641
Technical Sentiment Signal: Buy
Current Market Cap: C$5.02B
For an in-depth examination of TA stock, go to TipRanks’ Overview page.