TransAlta announces strong second quarter results

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TransAlta announces strong second quarter results
  • Q2 2011 comparable earnings per share(1) increased $0.14 or 93 per cent to $0.29
  • Funds from operations(1) increased $24 million or 12 per cent to $226 million 
  • Growth initiatives remain on track

CALGARY, Alberta (July 28, 2011) – TransAlta Corporation (TransAlta) (TSX: TA; NYSE: TAC) today reported comparable earnings(1) for the second quarter of 2011 of $65 million ($0.29 per share) versus $33 million ($0.15 per share) for the same period in 2010.

July 28, 2011

Steve Snyder to retire as TransAlta President and CEO; Dawn Farrell, COO, to succeed

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Steve Snyder to retire as TransAlta President and CEO; Dawn Farrell, COO, to succeed

CALGARY, Alberta (July 27, 2011) – TransAlta Corporation (TransAlta) (TSX: TA; NYSE: TAC) today announced that President and Chief Executive Officer Steve Snyder will retire, effective January 1, 2012. Dawn Farrell, TransAlta’s Chief Operating Officer, will succeed Mr. Snyder as President and CEO on January 2, 2012.

July 27, 2011

TransAlta declares dividends

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TransAlta declares dividends

CALGARY, Alberta (July 27, 2011) – The Board of Directors of TransAlta Corporation (TSX: TA; NYSE: TAC) today declared a quarterly dividend of $0.29 per share on common shares payable October 1, 2011 to shareholders of record at the close of business September 1, 2011.

The Board of Directors of TransAlta Corporation also declared a dividend of $0.2875 per share on TransAlta’s issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series A, payable on September 30, 2011 to shareholders of record at the close of business September 1, 2011.

July 27, 2011

Q2 2011 Conference Call

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Q2 2011 Conference Call

TransAlta will release its second quarter 2011 results before market open on Thursday, July 28, 2011. A conference call and webcast to discuss the results will be held the same day beginning at 9:00 am Mountain (11:00 am Eastern). A link to the live webcast will be available here at that time.

Event Date: 
July 28, 2011

Advisory: TransAlta second quarter 2011 conference call

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Advisory: TransAlta second quarter 2011 conference call

CALGARY, Alberta (July 6, 2011) – TransAlta Corporation (TSX: TA; NYSE: TAC) will release its second quarter 2011 results before market open on Thursday, July 28, 2011. A conference call and webcast to discuss the results will be held for investors, analysts, members of the media and other interested parties the same day beginning at 9:00 a.m. Mountain (11:00 a.m. Eastern). The media will be invited to ask questions following investors and analysts.

July 6, 2011

TD Securities 2011 Calgary Unconventional Energy Conference

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TD Securities 2011 Calgary Unconventional Energy Conference

TransAlta Corporation's COO Dawn Farrell will be speaking at TD Securities 2011 Calgary Unconventional Energy Conference on July 7, 2011.

The presentation will be posted on TransAlta's website following the event.

Event Date: 
July 7, 2011

Contact us

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challenges

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highlights and challenges

TransAlta made significant strides forward in 2011, however there are always areas where we can improve. In some cases, we've already implemented plans to improve our performance. In others, we continue to seek solutions and consult in a transparent fashion with a wide variety of stakeholders ranging from community members to various levels of government, regulators, as well as through energy industry and public policy initiatives.

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highlights

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highlights and challenges
  • Our greenhouse gas (GHG) emissions decreased by 24 per cent in 2011 from 2010 levels.
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CEO’s message

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CEO’s message

Dawn Farrell became TransAlta’s new president and chief executive officer on January 2, 2012. Prior to this appointment, she served as chief operating officer and has been with TransAlta for 23 of the 27 years she’s been in the power business. Here, she answers questions about TransAlta’s sustainability philosophy, current goals and challenges, and how our people and assets performed in 2011.

 

Q: How does TransAlta define sustainability?

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