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SiteMinder Enhances Employee Incentive Plan with New Share Issuance

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SiteMinder Enhances Employee Incentive Plan with New Share Issuance

SiteMinder Limited ( (AU:SDR) ) has provided an announcement.

SiteMinder Limited has announced the issuance of 524,934 fully paid ordinary shares to the Trustee of the Company’s Employee Incentive Plan. This move, compliant with the Corporations Act, reflects SiteMinder’s ongoing commitment to enhancing its employee incentive structures, potentially strengthening its market position and stakeholder relations.

More about SiteMinder Limited

SiteMinder Limited is a global company headquartered in Sydney, specializing in software platforms that enhance hotel revenue potential. It offers SiteMinder, a platform for maximizing hotel revenue, and Little Hotelier, a management software for small accommodation providers. The company operates worldwide with offices in major cities and facilitates over 120 million reservations annually, generating significant revenue for hotel clients.

YTD Price Performance: -38.08%

Average Trading Volume: 1,160,267

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.11B

See more data about SDR stock on TipRanks’ Stock Analysis page.

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