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v3.25.1

Common shares, treasury shares, and dividends (Tables) | 12 Months Ended
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Feb. 01, 2025
Class of Stock [Line Items] |
Schedule of Class of Treasury Stock | The share repurchase activity during Fiscal 2025, Fiscal 2024 and Fiscal 2023 was as follows:
|  |  | Fiscal 2025 |  | Fiscal 2024 |  | Fiscal 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) |  | Shares repurchased |  | Amount repurchased (1)(2) |  | Average repurchase price per share (1)(2)
2017 Program |  |  | 1.6 |  |  | $ | 138.0 |  |  | $ | 85.04 |  |  | 1.9 |  |  | $ | 139.3 |  |  | $ | 73.06 |  |  | 6.1 |  |  | $ | 426.1 |  |  | $ | 70.06 |
(1) Includes amounts paid for commissions. (2) The amounts repurchased in Fiscal 2023 includes $50 million related to the forward purchase contract in an accelerated share repurchase agreement that was entered into in January 2022, which was pre-paid in Fiscal 2022.
Schedule of Dividends | Dividends declared on the common shares during Fiscal 2025, Fiscal 2024 and Fiscal 2023 were as follows:
| Fiscal 2025 |  | Fiscal 2024 |  | Fiscal 2023
(in millions, except per share amounts) | Cash dividend per share |  | Total dividends |  | Cash dividend per share |  | Total dividends |  | Cash dividend per share |  | Total dividends
First quarter | $ | 0.29 |  |  | $ | 12.9 |  |  | $ | 0.23 |  |  | $ | 10.4 |  |  | $ | 0.20 |  |  | $ | 9.3 |
Second quarter | 0.29 |  |  | 12.9 |  |  | 0.23 |  |  | 10.3 |  |  | 0.20 |  |  | 9.2 |
Third quarter | 0.29 |  |  | 12.6 |  |  | 0.23 |  |  | 10.2 |  |  | 0.20 |  |  | 9.2 |
Fourth quarter (1) | 0.29 |  |  | 12.5 |  |  | 0.23 |  |  | 10.2 |  |  | 0.20 |  |  | 9.0 |
Total | $ | 1.16 |  |  | $ | 50.9 |  |  | $ | 0.92 |  |  | $ | 41.1 |  |  | $ | 0.80 |  |  | $ | 36.7 |
(1) Signet’s dividend policy results in the dividend payment date being a quarter in arrears from the declaration date. As of February 1, 2025 and February 3, 2024, there was $12.5 million and $10.2 million recorded in accrued expenses and other current liabilities in the consolidated balance sheets reflecting the cash dividends declared for the fourth quarter of Fiscal 2025 and Fiscal 2024, respectively.
Series A Redeemable Convertible Preferred Stock |
Class of Stock [Line Items] |
Schedule of Dividends | Dividends declared on the Preferred Shares during Fiscal 2025, Fiscal 2024 and Fiscal 2023 were as follows:
| Fiscal 2025 |  | Fiscal 2024 |  | Fiscal 2023
(in millions) | Total dividends (2) |  | Total dividends |  | Total dividends
First quarter | $ | 6.2 |  |  | $ | 8.2 |  |  | $ | 8.2 |
Second quarter | 2.8 |  |  | 8.2 |  |  | 8.2 |
Third quarter | 1.3 |  |  | 8.2 |  |  | 8.2 |
Fourth quarter (1) | — |  |  | 8.3 |  |  | 8.2 |
Total | $ | 10.3 |  |  | $ | 32.9 |  |  | $ | 32.8 |
(1) Signet’s dividend policy resulted in the Preferred Share dividend payment date being a quarter in arrears from the declaration date. As a result, as of February 3, 2024 $8.3 million has been recorded in accrued expenses and other current liabilities in the consolidated balance sheets reflecting the dividends on Preferred Shares declared for the fourth quarter of Fiscal 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 6.

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