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Posted by
Two Blokes June 4, 2025 -
Filed in
Stock
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10 views
Upgrading TransAlta from Hold to Buy due to a new share buyback program and potential long-term LNG-driven gas and power price increases in Alberta. The new buyback program, following last year's successful repurchase, could support share prices, though increased liquidity may moderate its impact. LNG export terminals coming online will boost Alberta gas prices, raising electricity prices and benefiting TransAlta's merchant generation portfolio.
