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Shareholders' equity (Tables)

9 Months Ended

Nov. 01, 2014

Share Repurchase Activity

Share repurchase


						39 weeks ended November 1, 2014												39 weeks ended November 2, 2013
		Amount authorized				Shares repurchased				Amount repurchased				Average repurchase price per share				Shares repurchased				Amount repurchased				Average repurchase price per share
		(in millions)								(in millions)												(in millions)
2013 Program⁽¹⁾		$	350				288,393			$	29.8			$	103.37				746,326			$	50.0			$	66.99
2011 Program⁽²⁾		$	350				n/a				n/a				n/a				749,245				50.1				66.92

Total							288,393			$	29.8								1,495,571			$	100.1

(1)	In June 2013, the Board of Directors authorized the repurchase of up to $350 million of Signet’s common shares (the “2013 Program”). The 2013 Program may be suspended or discontinued at any time without notice. The 2013 Program had $265.6 million remaining as of November 1, 2014.

(2)	In October 2011, the Board of Directors authorized the repurchase of up to $300 million of Signet’s common shares (the “2011 Program”), which authorization was subsequently increased to $350 million. The 2011 Program was completed as of May 4, 2013.

n/a	Not applicable.

Payment of Dividends

Dividends


		Fiscal 2015								Fiscal 2014
		Cash dividend per share				Total dividends				Cash dividend per share				Total dividends
						(in millions)								(in millions)
First quarter⁽¹⁾		$	0.18			$	14.4	⁽²⁾		$	0.15			$	12.1
Second quarter		$	0.18			$	14.4	⁽³⁾		$	0.15			$	12.1
Third quarter		$	0.18			$	14.4	⁽⁴⁾		$	0.15			$	12.0

(1)	Signet’s dividend policy results in the dividend payment date being a quarter in arrears from the declaration date. As a result, the fourth quarter Fiscal 2014 $0.15 per share cash dividend was paid on February 27, 2014 in the aggregate amount of $12.0 million.

(2)	The first quarter Fiscal 2015 $0.18 per share cash dividend was paid on May 28, 2014 in the aggregate amount of $14.4 million.

(3)	The second quarter Fiscal 2015 $0.18 per share cash dividend was paid on August 27, 2014 in the aggregate amount of $14.4 million.

(4)	As of November 1, 2014, $14.4 million has been recorded in accrued expenses and other current liabilities in the condensed consolidated balance sheets reflecting the cash dividend declared on August 26, 2014, which has a record date of October 31, 2014 and a payment date of November 25, 2014.