TransAlta declares dividend
29 April 2010 - 11:56PM
Marketwired
The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE:
TAC) has declared a quarterly dividend of $0.29 per share on common
shares payable July 1, 2010 to shareholders of record at the close
of business June 1, 2010.
The Board of Directors also approved the issuance of common
shares from Treasury at a three per cent discount under TransAlta's
Dividend Reinvestment and Share Purchase Plan (DRASP), commencing
with the common share dividend payable on July 1, 2010. For more
information on TransAlta, its common shares and the DRASP contact
Investor Relations at 1-800-387-3598 email
investor_relations@transalta.com or visit www.transalta.com.
All currency is expressed in Canadian dollars except where
noted.
TransAlta is a power generation and wholesale marketing company
focused on creating long-term shareholder value. TransAlta
maintains a low-to-moderate risk profile by operating a highly
contracted portfolio of assets in Canada, the United States and
Australia. TransAlta's focus is to efficiently operate our biomass,
geothermal, wind, hydro, natural gas and coal facilities in order
to provide our customers with a reliable, low-cost source of power.
For 100 years, TransAlta has been a responsible operator and a
proud contributor to the communities where we work and live.
TransAlta is recognized for its leadership on sustainability by the
Dow Jones Sustainability North America Index, the FTSE4Good Index
and the Jantzi Social Index.
Contacts: TransAlta Corporation - Investor & Media
Inquiries: Jennifer Pierce Vice President, Communications &
Investor Relations (403) 267-7622 TransAlta Corporation Jess
Nieukerk Manager, Investor Relations (403) 267-3607
investor_relations@transalta.com www.transalta.com
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