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SiteMinder Limited ( (AU:SDR) ) has issued an announcement.
SiteMinder Limited has announced the issuance of 500,000 ordinary fully paid shares to Solium Nominees (AUS) Pty Ltd, acting as the trustee for SiteMinder’s Employee Share Trust. This move is designed to facilitate the distribution of shares to management and employees upon the exercise of their options and performance rights, potentially enhancing employee engagement and aligning their interests with the company’s growth objectives.
The most recent analyst rating on (AU:SDR) stock is a Buy with a A$6.45 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, providing cloud-based software solutions for the hospitality sector. The company focuses on helping hotels and other accommodation providers manage their online presence and distribution channels effectively.
Average Trading Volume: 1,006,009
Technical Sentiment Signal: Buy
Current Market Cap: A$1.87B
For detailed information about SDR stock, go to TipRanks’ Stock Analysis page.