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SiteMinder Limited ( (AU:SDR) ) has issued an announcement.
Commonwealth Bank of Australia (CBA) and its related entities have become substantial holders in SiteMinder Limited, acquiring a 5.04% voting power as of January 22, 2025. This acquisition signifies a strategic investment by CBA, potentially affecting SiteMinder’s shareholder dynamics and positioning in the market, while increasing CBA’s influence over SiteMinder’s corporate decisions.
More about SiteMinder Limited
SiteMinder Limited operates in the hospitality industry, providing cloud-based software solutions that help hotels and accommodation providers manage their online presence, distribution, and reservations. The company focuses on enabling seamless connectivity between hotels and their guests, facilitating better management of online bookings and market reach.
YTD Price Performance: -3.31%
Average Trading Volume: 835,687
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.63B
Find detailed analytics on SDR stock on TipRanks’ Stock Analysis page.
