Common shares, treasury shares, reserves and dividends (Tables)

12 Months Ended

Jan. 30, 2021

The share repurchase activity is outlined in the table below:


			Fiscal 2021					Fiscal 2020				Fiscal 2019
(in millions, expect per share amounts)	Amount authorized		Shares repurchased	Amount repurchased		Average repurchase price per share		Shares repurchased	Amount repurchased	Average repurchase price per share		Shares repurchased	Amount repurchased		Average repurchase price per share
2017 Program(1)	$	600.0	—	$	—	$	—	—	—	$	0.00	7.5	$	434.4	$	57.64
2016 Program(2)	$	1,375.0	n/a	n/a		n/a		n/a	n/a	n/a		1.3	$	50.6	$	39.76
Total			—	$	—	$	—	—	—	$	0.00	8.8	$	485.0	$	55.06

(1) The 2017 Program had $165.6 million remaining as of January 30, 2021.

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

n/a Not applicable.

Schedule of Dividends


	Fiscal 2021				Fiscal 2020				Fiscal 2019
(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	$	0.00	—		$	0.37	$	19.3	$	0.37	$	21.8
Second quarter	0.00		—		0.37		19.3		0.37		19.2
Third quarter	0.00		—		0.37		19.4		0.37		19.2
Fourth quarter(1)	0.00		—		0.37		19.4		0.37		19.2
Total	$	—	$	—	$	1.48	$	77.4	$	1.48	$	79.4

(1) Signet’s dividend policy results in the dividend payment date being a quarter in arrears from the declaration date. As of February 1, 2020, there was $19.4 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 2020. There were no dividends declared or accrued as of January 30, 2021.

Series A Redeemable Convertible Preferred Stock

Class of Stock [Line Items]

Schedule of Dividends


	Fiscal 2021		Fiscal 2020		Fiscal 2019
(in millions)	Total dividends		Total cash dividends		Total cash dividends
First quarter	$	7.8	$	7.8	$	7.8
Second quarter	7.9		7.8		7.8
Third quarter	8.0		7.8		7.8
Fourth quarter(1)	8.1		7.8		7.8
Total	$	31.8	$	31.2	$	31.2

(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 January 30, 2021 and February 1, 2020, $8.1 million and $7.8 million, respectively, 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 2021 and Fiscal 2020. As disclosed in Note 7, the Fiscal 2021 dividends were paid “in-kind”.