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SiteMinder Issues New Performance Rights Under Employee Scheme

Story Highlights
  • SiteMinder Limited issues 109,530 performance rights under an employee incentive scheme.
  • These unquoted securities are restricted and not quoted on the ASX, affecting employee engagement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SiteMinder Issues New Performance Rights Under Employee Scheme

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

SiteMinder Limited has announced the issuance of 109,530 performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted, potentially impacting employee engagement and retention strategies.

The most recent analyst rating on (AU:SDR) stock is a Buy with a A$6.15 price target. To see the full list of analyst forecasts on SiteMinder Limited stock, see the AU:SDR Stock Forecast page.

More about SiteMinder Limited

SiteMinder Limited operates in the technology industry, focusing on providing cloud-based platform services for the hospitality sector. The company specializes in offering solutions that help hotels and accommodation providers manage their online presence and distribution, enhancing their market reach and operational efficiency.

Average Trading Volume: 1,246,341

Technical Sentiment Signal: Sell

Current Market Cap: A$1.26B

Find detailed analytics on SDR stock on TipRanks’ Stock Analysis page.

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