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TransAlta (TAC) Stock News

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Welcome to our dedicated page for TransAlta news (Ticker: TAC), a resource for investors and traders seeking the latest updates and insights on TransAlta stock.

TransAlta Corporation (TAC) reports developments as a publicly traded power generator with operations in Canada, the United States and Western Australia. The company’s portfolio includes hydro, wind and solar, gas and energy-transition assets, with updates often tied to fleet availability, contracted generation, hedging activity, Alberta power-market conditions and cash-flow performance.

Company announcements also cover quarterly results and guidance, annual shareholder meeting outcomes, board and executive leadership changes, preferred share dividends and preferred share conversion mechanics. Operational news may address asset-specific matters within TransAlta’s generation fleet and the integration of acquired assets into its broader power platform.

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TransAlta (NYSE: TAC) announced a planned CEO succession: John Kousinioris will retire as President and CEO effective April 30, 2026.

The Board has appointed Joel Hunter, executive VP finance and CFO, to succeed Kousinioris and be nominated to join the Board effective April 30, 2026. Kousinioris will serve as a strategic advisor for six months after retirement. The company said the successor to the CFO role will be announced in the coming months. Kousinioris joined TransAlta in 2012 and was appointed CEO in 2021; he previously served as president of TransAlta Renewables from 2017 to 2021.

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TransAlta (NYSE: TAC) declared a quarterly common dividend of $0.065 per common share payable on Jan. 1, 2026 to shareholders of record at the close of business on Dec. 1, 2025.

The board also declared quarterly dividends on its cumulative redeemable rate reset preferred shares for the period Sept. 30, 2025 to Dec. 31, 2025. Payment for all preferred series is scheduled for Dec. 31, 2025 to holders of record on Dec. 1, 2025. All amounts are in Canadian dollars.

  • Series A (TA.PR.D): 2.877% — $0.17981
  • Series B (TA.PR.E): 4.691% — $0.29560 (floating quarterly)
  • Series C (TA.PR.F): 5.854% — $0.36588
  • Series D (TA.PR.G): 5.761% — $0.36302 (floating quarterly)
  • Series E (TA.PR.H): 6.894% — $0.43088
  • Series G (TA.PR.J): 6.773% — $0.42331
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TransAlta (NYSE: TAC) will release its third quarter 2025 results before markets open on Thursday, November 6, 2025. A conference call and webcast for investors, analysts and media will be held the same day beginning at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).

Participants must register for telephone access using the provided registration link; options include dialing in with a personalized PIN or using a “Call Me” feature. A live webcast, replay link and a transcript (when available) will be posted on TransAlta’s Investor Centre.

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TransAlta Corporation (NYSE: TAC) has announced its upcoming 2025 Investor Day, scheduled for November 18, 2025 in Toronto. The event will run from 9:00 a.m. to 11:30 a.m. ET and will feature presentations from CEO John Kousinioris and CFO Joel Hunter, followed by a leadership panel discussion.

The hybrid-format event will offer both in-person and webcast attendance options, with in-person registration closing on November 10, 2025. The presentations will focus on the company's strategic priorities, long-term planning, financial outlook, and growth objectives.

TransAlta is a major power generation company with operations across Canada, the US, and Australia, notable for achieving a 70% reduction in GHG emissions since 2015 and maintaining an MSCI ESG rating of AA.

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TransAlta Corporation (NYSE: TAC) reported strong Q2 2025 financial results with Adjusted EBITDA of $349 million, up from $316 million in Q2 2024. The company achieved operational availability of 91.6% and Free Cash Flow of $177 million ($0.60 per share).

Key developments include: extension of $2.1 billion credit facilities, planned divestiture of 48 MW Poplar Hill asset, successful recontracting of Ontario wind facilities through 2031-2034, and implementation of a $100 million share buyback program. The company is advancing its Alberta data centre strategy with AESO contracts expected by mid-September.

Despite reporting a net loss of $112 million ($0.38 per share) compared to net earnings of $56 million in Q2 2024, TransAlta maintains confidence in achieving its 2025 outlook, supported by its diversified fleet and hedging strategy.

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TransAlta Corporation (NYSE: TAC) has announced its quarterly dividend declarations for both common shares and preferred shares. The company will pay a quarterly dividend of $0.065 per common share on October 1, 2025, to shareholders of record as of September 1, 2025.

Additionally, TransAlta declared dividends for its six series of Preferred Shares (Series A, B, C, D, E, and G), with dividend rates ranging from 2.877% to 6.894% and payment dates set for September 30, 2025. The Series B and D Preferred Shares feature quarterly floating rates that reset each quarter. All dividends are expressed in Canadian dollars.

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TransAlta Corporation (NYSE:TAC) has announced it will release its second quarter 2025 financial results on Friday, August 1, 2025, before markets open. The company will host a conference call and webcast at 9:00 a.m. Mountain Time (11:00 a.m. ET) the same day.

TransAlta is one of Canada's largest wind power producers and Alberta's largest producer of thermal generation and hydro-electric power. The company has achieved significant environmental milestones, including a 70% reduction in GHG emissions since 2015 and an upgraded MSCI ESG rating of AA.

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TransAlta Corporation (NYSE: TAC) has announced a new Normal Course Issuer Bid (NCIB) program to repurchase up to 14 million common shares, representing approximately 4.7% of outstanding shares. The program will run from May 31, 2025, to May 30, 2026. Under TSX rules, daily purchases are limited to 481,658 shares, except for block purchases. Under its previous NCIB, TransAlta repurchased 7,963,000 shares at an average price of $12.00 per share. The company views this NCIB as a strategic capital allocation tool to enhance shareholder value when share prices don't reflect underlying value. TransAlta is a major Canadian power generation company, notably being Canada's largest wind power producer and Alberta's largest hydro-electric power producer.
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TransAlta Corporation (NYSE: TAC) reported its Q1 2025 financial results with mixed performance. The company achieved strong operational availability of 94.9%, up from 92.3% in 2024. However, financial metrics showed declines: Adjusted EBITDA fell to $270 million (vs $342M in 2024), Free Cash Flow decreased to $139 million ($0.47/share vs $0.72/share), and cash flow from operations dropped to $7 million (vs $244M). Notable developments include a strategic partnership with Nova Clean Energy, granting TransAlta exclusive rights to purchase late-stage development projects in western U.S., and the successful issuance of $450 million in medium-term notes. The company increased its quarterly dividend by 8% to $0.065 per share and maintained its 2025 guidance despite challenging Alberta power prices.
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TransAlta (TSX: TA) (NYSE: TAC) held its 2025 Annual and Special Meeting of Shareholders with 63.43% representation of outstanding common shares. All eleven director nominees were successfully elected with strong approval rates, most receiving over 98% support. Thomas M. O'Flynn received the lowest approval at 91.13%.

Key meeting outcomes included:

  • Appointment of Ernst & Young LLP as 2025 auditors (96.74% approval)
  • Approval of executive compensation through say-on-pay vote (98.90% support)
  • Continuation of Amended and Restated Shareholder Rights Plan (97.44% in favor)
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FAQ

What is the current stock price of TransAlta (TAC)?

The current stock price of TransAlta (TAC) is $14.12 as of May 26, 2026.

What is the market cap of TransAlta (TAC)?

The market cap of TransAlta (TAC) is approximately 4.0B.