FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of February, 2004
TRANSALTA CORPORATION
(Translation of registrant’s name into English)
110-12th Avenue S.W., Box 1900, Station “M”, Calgary, Alberta, T2P 2M1
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F____ Form 40-F X
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ..... No ..X...
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________
Evaluation of Disclosure Controls and Procedures
TransAlta has designed disclosure controls and procedures to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to the Chief Executive Officer and Chief Financial Officer by others within the Company, including its consolidated subsidiaries, on a regular basis, in particular during the period in which its Current Reports on Form 6-K relating to quarterly financial results are being prepared. The Chief Executive Officer and Chief Financial Officer have evaluated the effectiveness of the disclosure controls and procedures as of a date within 90 days of the date of this report. Based on that evaluation, the Chief Executive Officer and Chief Financial Officer concluded, as of that evaluation date, that the Company’s disclosure controls and procedures were effective to ensure that material information relating to the Company, including its consolidated subsidiaries, was made known to them by others within those entities during the period in which this report was being prepared. There have been no significant changes in the internal controls or in other factors that could significantly affect internal controls subsequent to the date of the most recent evaluation by the Chief Executive Officer and Chief Financial Officer, including any corrective action with regard to significant deficiencies and material weaknesses.
EXHIBITS
Exhibit 1 | Press release dated February 26, 2004. |
TransAlta announces intention to purchase shares
CALGARY, Alberta (Feb. 26, 2004) – TransAlta Corporation (TSX: TA; NYSE: TAC) announced today it has received regulatory approval for the continuation of its normal course issuer bid program for the fifth consecutive year. Consistent with prior years, the approval is to purchase for cancellation up to three million of its common shares. The shares represent approximately 1.6 per cent of the approximately 191,435,000 common shares of TransAlta issued and outstanding as of February 24, 2004.
The program will begin on Mar. 1, 2004 and continue until Feb. 28, 2005, or such earlier date as TransAlta may complete its purchases. Purchases will be made on the open market through the Toronto Stock Exchange at the market price of such shares at the time of acquisition. TransAlta may also issue put options to facilitate the purchase of common shares pursuant to the normal course issuer bid program. Any common shares acquired by TransAlta will be cancelled.
In the past 36 months, TransAlta has purchased for cancellation 3,922,800 of its common shares at an average price of $22.07 through its previously announced normal course issuer bids.
TransAlta is among Canada's largest non-regulated power generation and wholesale marketing companies. We have coal-fired, gas-fired, hydro and renewable generation assets in Canada, the U.S., Mexico and Australia. With approximately 10,000 megawatts of capacity either in operation, under construction or in development, our focus is to efficiently operate our assets in order to provide our wholesale customers with a reliable, low-cost source of power.
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For more information:
Media inquiries:
Investor inquiries:
Tim Richter
Daniel J. Pigeon
Sr. Advisor, Media & Government Relations
Director, Investor Relations
Phone: (403) 267-7238
Phone: 1-800-387-3598 in Canada and U.S.
Pager: (403) 213-7041
Phone: (403) 267-2520 Fax (403) 267-2590
Email: media_relations@transalta.com
E-mail: investor_relations@transalta.com
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
TransAlta Corporation
(Registrant)
By: /s/ Alison T. Love
(Signature)
Alison T. Love, Corporate Secretary
Date: February 26, 2004