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SiteMinder Limited ( (AU:SDR) ) has shared an update.
The Commonwealth Bank of Australia has become a substantial holder in SiteMinder Limited, acquiring a voting power of 5.01% through a total of 14,017,318 fully paid ordinary shares. This acquisition may impact SiteMinder’s corporate governance and could signal increased interest and confidence from major financial institutions in the company’s market potential.
More about SiteMinder Limited
SiteMinder Limited is a company operating in the technology industry, providing software solutions primarily for the hospitality sector. Its main focus is on facilitating online visibility and connectivity for hotels, enabling them to manage bookings and distribution through various online channels.
YTD Price Performance: -5.13%
Average Trading Volume: 917,259
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.6B
Find detailed analytics on SDR stock on TipRanks’ Stock Analysis page.
