Anglogold Ashanti Ltd

Analysts remain bullish on AngloGold Ashanti, with Freedom Broker initiating coverage at Buy and a $114 target citing the Sukari acquisition, balance-sheet improvement and Nevada growth projects. Roth Capital reiterated a Buy but cut its target to $110, flagging the Guinea ban on unrefined gold exports and a recent >25% decline in gold prices as headwinds. The company’s strengthened asset base and dividend appeal are contrasted by near-term regulatory and commodity-price risks. » More on finance.yahoo.com

AngloGold Ashanti has published the roadmap for a share buyback of up to $2.0 billion. Free cash flow of $1.17 billion in the first quarter strengthens the financial base. A peace agreement announced over the weekend between the US and Iran pushed the gold price above $4,300 per ounce and lifted the shares by around 7%. » More on finanzen.net

AngloGold Ashanti will put a proposed share buyback programme of up to $2.0 billion to a vote on 23 July 2026; the record date for voting eligibility is 26 June. The board had already approved the programme on 7 May, but implementation still requires shareholder approval and regulatory clearances. The company reports a current ratio of 2.61 and is rated undervalued by InvestingPro; however, the buyback programme is non-binding and may be suspended or terminated. » More on de.investing.com