WBC 1.50% $26.42 westpac banking corporation

I am wondering if there is any relation between this UBS'...

  1. 179 Posts.
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    I am wondering if there is any relation between this UBS' downgrade and the delay of buy-back which was supposed to start on 21/11/23 having UBS as broker. It could have been a broker replacement and because of that UBS comes up with a downgrade.
    When UBS raised the price target after the results, I was thinking that they raised because they got the business of buy-back broker.
    Does anyone have a reason for buy-back delay ?


 
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