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An announcement from SiteMinder Limited ( (AU:SDR) ) is now available.
SiteMinder Limited has announced the issuance of 457,816 ordinary fully paid shares to Solium Nominees (AUS) Pty Ltd, the trustee of 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 impacting employee motivation and retention positively.
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 operates in the technology industry, providing cloud-based software solutions for the hotel sector. The company focuses on helping hotels increase their online bookings and manage their distribution channels effectively.
Average Trading Volume: 1,030,398
Technical Sentiment Signal: Buy
Current Market Cap: A$1.76B
Learn more about SDR stock on TipRanks’ Stock Analysis page.