AngloGold Ashanti plc is trading at $94.15 (9.1% up), extending a multi-day rally following the announcement of a shareholder meeting to approve a proposed $2 billion share repurchase program.
- The stock is seeing significant follow-through buying as investors react to the upcoming shareholder vote regarding the buyback initiative.
- Gains are further supported by a broader risk-on sentiment in global equity markets and recent sector-wide strength among gold miners.