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.

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