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TransAlta renews normal course issuer bid program
CALGARY, Alberta (March 6, 2006) – TransAlta Corporation (TSX: TA; NYSE: TAC) announced today it has received regulatory approval for the continuation of its normal course issuer bid program. The program is in its seventh consecutive year. TransAlta did not purchase any common shares during the last twelve months.
Consistent with prior years, TransAlta has the approval to purchase, for the purpose of cancelling, up to three million of its common shares. The shares represent approximately 1.5 per cent of the 199,530,610 common shares issued and outstanding as of Feb. 15, 2006.
TransAlta Corporation announced today it has received regulatory approval for the continuation of its normal course issuer bid program.