Shareholders' equity (Tables)

3 Months Ended

May 05, 2018

Common shares repurchased during the 13 weeks ended May 5, 2018 and April 29, 2017 were as follows:



			13 weeks ended May 5, 2018					13 weeks ended April 29, 2017
(in millions, except per share amounts)	Amount authorized		Shares repurchased	Amount repurchased		Average repurchase price per share		Shares repurchased	Amount repurchased		Average repurchase price per share
2017 Program⁽¹⁾	$	600.0	0.2	$	9.4	$	38.86	n/a	n/a		n/a
2016 Program⁽²⁾	$	1,375.0	1.3	$	50.6	$	39.76	—	$	—	$	—
Total			1.5	$	60.0	$	39.62	—	$	—	$	—


⁽¹⁾	The 2017 Program had $590.6 million remaining as of May 5, 2018.


⁽²⁾	The 2016 Program was completed in March 2018.


n/a	Not applicable.

Common Stock

Class of Stock [Line Items]

Schedule of Dividends

Dividends on common shares

Dividends declared on common shares during the 13 weeks ended May 5, 2018 and April 29, 2017 were as follows:



	Fiscal 2019				Fiscal 2018
(in millions, except per share amounts)	Cash dividend per share		Total dividends		Cash dividend per share		Total dividends
First quarter⁽¹⁾	$	0.37	$	21.8	$	0.31	$	21.3

⁽¹⁾

Signet’s dividend policy for common shares results in the dividend payment date being a quarter in arrears from the declaration date. As a result, as of May 5, 2018 and April 29, 2017, $21.8 million and $21.3 million, respectively, has been recorded in accrued expenses and other current liabilities in the condensed consolidated balance sheets reflecting the cash dividends on common shares declared for the first quarter of Fiscal 2019 and Fiscal 2018, respectively.

Series A Redeemable Convertible Preferred Stock

Class of Stock [Line Items]

Schedule of Dividends

Dividends on preferred shares

Dividends declared on preferred shares during the 13 weeks ended May 5, 2018 and April 29, 2017 were as follows:



	Fiscal 2019		Fiscal 2018
(in millions)	Total cash dividends		Total cash dividends
First quarter ⁽¹⁾	$	7.8	$	7.8

⁽¹⁾

Signet’s preferred shares dividends results in the dividend payment date being a quarter in arrears from the declaration date. As a result, as of May 5, 2018 and April 29, 2017, $7.8 million and $7.8 million, respectively, has been recorded in accrued expenses and other current liabilities in the condensed consolidated balance sheets reflecting the cash dividends on preferred shares declared for the first quarter of Fiscal 2019 and Fiscal 2018, respectively.