XML 51 R36.htm IDEA: XBRL DOCUMENT v3.24.3
Shareholders' equity (Tables)
 9 Months Ended
Nov. 02, 2024
Equity [Abstract]  
Schedule of Dividends
Dividends declared on common shares during the 39 weeks ended November 2, 2024 and October 28, 2023 were as follows:
Fiscal 2025Fiscal 2024
(in millions, except per share amounts)Dividends
per share		Total dividendsDividends
per share		Total dividends
First quarter$0.29 $12.9 $0.23 $10.4 
Second quarter
0.29 12.9 0.23 10.3 
Third quarter (1)
0.29 12.6 0.23 10.2 
Total
$0.87 $38.4 $0.69 $30.9 
(1)    Signet’s dividend policy results in the dividend payment date being a quarter in arrears from the declaration date. As of November 2, 2024 and October 28, 2023, there was $12.6 million and $10.2 million recorded in accrued expenses and other current liabilities in the condensed consolidated balance sheets reflecting the cash dividends declared for the third quarter of Fiscal 2025 and Fiscal 2024, respectively.
Dividends declared on the Preferred Shares during the 39 weeks ended November 2, 2024 and October 28, 2023 were as follows:
Fiscal 2025Fiscal 2024
(in millions, except per share amounts)Dividends
per share
Total dividends (2)
Dividends
per share		Total dividends
First quarter$13.14 $6.2 $13.14 $8.2 
Second quarter
13.14 2.8 13.14 8.2 
Third quarter (1)
13.14 1.3 13.14 8.2 
Total
$39.42 $10.3 $39.42 $24.6 
(1)    Signet’s dividend policy results in the dividend payment date being a quarter in arrears from the declaration date. As of October 28, 2023, there was $8.2 million recorded in accrued expenses and other current liabilities in the condensed consolidated balance sheets reflecting the cash dividends on the Preferred Shares declared for the third quarter of Fiscal 2024. There were no dividends declared or accrued for the Preferred Shares as of November 2, 2024.
(2)    Dividends on the Preferred Shares during the first and third quarter of Fiscal 2025 includes $2.1 million and $1.3 million, respectively, of accrued dividends paid in connection with the redemptions further described in Note 5.
Schedule of Class of Treasury Stock
The share repurchase activity during the 39 weeks ended November 2, 2024 and October 28, 2023 was as follows:
39 weeks ended November 2, 2024
39 weeks ended October 28, 2023
(in millions, except per share amounts)Shares repurchased
Amount repurchased (1)
Average repurchase price per share (1)
Shares repurchased
Amount repurchased (1)
Average repurchase price per share (1)
2017 Program1.3$113.8 $90.50 1.7$117.5 $70.76 
(1)    Includes amounts paid for commissions.