SiteMinder Limited ( (AU:SDR) ) just unveiled an announcement.
SiteMinder Limited announced the issuance of 524,934 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 disbursement of shares to management and employees upon the exercise of their options and performance rights, reflecting the company’s commitment to employee engagement and retention.
More about SiteMinder Limited
SiteMinder Limited operates in the technology industry, providing cloud-based solutions for the hospitality sector. The company focuses on offering services that help hotels manage their online presence and distribution, enhancing their market reach and operational efficiency.
YTD Price Performance: -38.08%
Average Trading Volume: 1,160,267
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.11B
Learn more about SDR stock on TipRanks’ Stock Analysis page.