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Stock impact report

TransAlta Reports Strong 2024 Results, Announces Dividend Increase and 2025 Annual Guidance

TransAlta Corporation Ordinary Shares (TAC) 
Last transalta corporation ordinary shares earnings: 3/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: transalta.com/investors
Company Research Source: GlobeNewswire
CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the fourth quarter and year ended Dec. 31, 2024. “Our business delivered solid results within the upper range of our guidance, driven by high availability across our generation portfolio, along with the enduring performance of our optimization and hedging strategies. During the year, we added 2.2 GW of generation to our fleet, with three contracted wind facilities achieving commercial operation in addition to the acquisition of Heartland Generation. We also returned $214 million, or $0.71 per share, of value to shareholders through dividends and share repurchases at an average price of $10.59 per share,” said John Kousinioris, President and Chief Executive Officer of TransAlta. “Given our confidence in the future, we are pleased to announce that our Board of Directors has approved an eight per cent increase to our commo Show less Read more
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