{"id":687718,"date":"2022-09-21T16:03:13","date_gmt":"2022-09-21T20:03:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/transalta-corporation-announces-conversion-results-for-series-e-and-f-preferred-shares\/"},"modified":"2022-09-21T16:03:13","modified_gmt":"2022-09-21T20:03:13","slug":"transalta-corporation-announces-conversion-results-for-series-e-and-f-preferred-shares","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/transalta-corporation-announces-conversion-results-for-series-e-and-f-preferred-shares\/","title":{"rendered":"TransAlta Corporation Announces Conversion Results for Series E and F Preferred Shares"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n CALGARY, AB<\/span>
\n <\/span>, Sept. 21, 2022<\/span><\/span> \/PRNewswire\/ – Further to TransAlta Corporation’s (“TransAlta” or the “Company”) (TSX: TA)(NYSE: TAC) press release dated August 31, 2022<\/span>, the Company announced today that after taking into account all election notices received for the conversion of the Cumulative Redeemable Rate Reset Preferred Shares, Series E (the “Series E Shares”) into Cumulative Redeemable Floating Rate Preferred Shares, Series F (the “Series F Shares”), there were only 89,945 Series E Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series F Shares. As a result, none of the Series E Shares will be converted into Series F Shares on September 30, 2022<\/span>.<\/p>\n

\n
\n About TransAlta:<\/i>
\n <\/b>\n <\/p>\n

\n TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada<\/span>, the United States<\/span> and Australia<\/span> with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with clean, affordable, energy efficient and reliable power. Today, TransAlta is one of Canada’s<\/span> largest producers of wind power and Alberta’s<\/span> largest producer of hydro-electric power. For over 111 years, TransAlta has been a responsible operator and a proud member of the communities where we operate and where our employees work and live. TransAlta aligns its corporate goals with the<\/i>\u00a0UN Sustainable Development Goals<\/i><\/a>\u00a0and its climate change strategy with CDP (formerly Climate Disclosure Project) and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.<\/i>\u00a0TransAlta has<\/i>\u00a0achieved a 61 per cent reduction in GHG emissions since 2015.<\/i><\/p>\n

\n For more information about TransAlta, visit its website at transalta.com<\/a><\/i>
\n .
<\/i>\n <\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/transalta-corporation-announces-conversion-results-for-series-e-and-f-preferred-shares-301630227.html<\/a><\/p>\n

SOURCE TransAlta Corporation<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire CALGARY, AB , Sept. 21, 2022 \/PRNewswire\/ – Further to TransAlta Corporation’s (“TransAlta” or the “Company”) (TSX: TA)(NYSE: TAC) press release dated August 31, 2022, the Company announced today that after taking into account all election notices received for the conversion of the Cumulative Redeemable Rate Reset Preferred Shares, Series E (the “Series E Shares”) into Cumulative Redeemable Floating Rate Preferred Shares, Series F (the “Series F Shares”), there were only 89,945 Series E Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series F Shares. As a result, none of the Series E Shares will be converted into Series F Shares on September 30, 2022. About TransAlta: … <\/p>\n

Continue reading “TransAlta Corporation Announces Conversion Results for Series E and F Preferred Shares”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-687718","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTransAlta Corporation Announces Conversion Results for Series E and F Preferred Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/transalta-corporation-announces-conversion-results-for-series-e-and-f-preferred-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TransAlta Corporation Announces Conversion Results for Series E and F Preferred Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CALGARY, AB , Sept. 21, 2022 \/PRNewswire\/ – Further to TransAlta Corporation’s (“TransAlta” or the “Company”) (TSX: TA)(NYSE: TAC) press release dated August 31, 2022, the Company announced today that after taking into account all election notices received for the conversion of the Cumulative Redeemable Rate Reset Preferred Shares, Series E (the “Series E Shares”) into Cumulative Redeemable Floating Rate Preferred Shares, Series F (the “Series F Shares”), there were only 89,945 Series E Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series F Shares. 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