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Transalta Shares Tumble After Big Quarterly Loss, Ceo Retirement

TransAlta's revenue dropped to $615 million from $638 million, prompting a 13% share price decline and CEO John Kousinioris to announce retirement in 2026.

Summary by The Globe & Mail
Joel Hunter, CFO, will become company’s new CEO

4 Articles

CBC NewsCBC News
Lean Left

Power utility TransAlta reports Q3 loss, shares down more than 13%

Shares of TransAlta Corp. fell more than 13 per cent in trading Thursday after the company reported a loss of $62 million.

·Canada
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The Globe & MailThe Globe & Mail
Center

Transalta Shares Tumble After Big Quarterly Loss, Ceo Retirement

Joel Hunter, CFO, will become company’s new CEO

·Canada
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Coast ReporterCoast Reporter
Reposted by
Western InvestorWestern Investor
Lean Left

Power utility TransAlta reports Q3 loss, shares down more than 13 per cent

·Sechelt, Canada
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Bias Distribution

  • 67% of the sources lean Left
67% Left

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Coast Reporter broke the news in Sechelt, Canada on Thursday, November 6, 2025.
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