TransAlta (TSE:TA) has released an update.
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TransAlta Corporation has announced that it will not redeem its Series G preferred shares on the upcoming conversion date, allowing shareholders to convert these into Series H shares. The future dividend rates for these shares will be announced on September 3, 2024. Shareholders must act by September 16, 2024, to convert their shares, with the TSX conditionally approving the listing of the new Series H Shares.
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