SiteMinder Issues Shares to Boost Employee Incentive Plan

Story Highlights
SiteMinder Issues Shares to Boost Employee Incentive Plan

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

SiteMinder Limited has issued 672,646 fully paid ordinary shares to the Trustee of its Employee Incentive Plan, as part of its ongoing efforts to enhance employee engagement and incentivization. This move demonstrates SiteMinder’s commitment to its workforce and aligns with its strategic objectives to maintain a competitive edge in the global hotel industry.

More about SiteMinder Limited

SiteMinder Limited is a global company headquartered in Sydney, known for its software platform that maximizes hotel revenue potential. It offers SiteMinder and Little Hotelier, which are designed to aid hotels and small accommodation providers. The company operates in multiple international locations and facilitates over 120 million reservations annually, generating significant revenue for its hotel clients.

YTD Price Performance: -23.84%

Average Trading Volume: 1,063,477

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.29B

For detailed information about SDR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App