TransAlta Corporation (TSX:TA) announces an Equity Buyback for 14,000,000 shares, representing 5.17% of its issued share capital.

TransAlta Corporation (TSX:TA) announces a share repurchase program. Under the program, the company will repurchase up to 14,000,000 shares, representing 5.17% of its issued and outstanding share capital. All the repurchased shares will be cancelled.

The bid will expire on May 30, 2023, or such earlier date on which the maximum number of shares are purchased under the bid or the bid is terminated at the company's election. As of May 17, 2021, the company had 270,687,509 common shares issued and outstanding.