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SiteMinder Issues New Shares to Employee Trust

Story Highlights
  • SiteMinder Limited has issued 457,816 shares to its Employee Share Trust.
  • This issuance demonstrates SiteMinder’s regulatory compliance and commitment to employee engagement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SiteMinder Issues New Shares to Employee Trust

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SiteMinder Limited ( (AU:SDR) ) just unveiled an announcement.

SiteMinder Limited has issued 457,816 fully paid ordinary shares to its Employee Share Trust, as per the Corporations Act requirements. This move reflects the company’s ongoing compliance with regulatory standards and its commitment to employee engagement, potentially enhancing its operational efficiency and market positioning.

The most recent analyst rating on (AU:SDR) stock is a Hold with a A$6.50 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 is a software company specializing in hotel management solutions. It offers SiteMinder, a platform that maximizes hotel revenue potential, and Little Hotelier, a comprehensive management software for small accommodation providers. The company operates globally with headquarters in Sydney and offices in various international locations, supporting over 120 million hotel reservations annually, generating over A$75 billion in revenue.

Average Trading Volume: 1,025,073

Technical Sentiment Signal: Buy

Current Market Cap: A$1.76B

For an in-depth examination of SDR stock, go to TipRanks’ Overview page.

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