Shareholders' equity (Tables) |
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May 03, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Dividends | Dividends declared on the common shares during the 13 weeks ended May 3, 2025 and May 4, 2024 were as follows:
(1) Signet’s dividend policy results in the dividend payment date being a quarter in arrears from the declaration date. As of May 3, 2025 and May 4, 2024, there was $13.4 million and $12.9 million recorded in accrued expenses and other current liabilities in the condensed consolidated balance sheets reflecting the cash dividends declared for the first quarter of Fiscal 2026 and Fiscal 2025, respectively. Dividends declared on the Preferred Shares during the 13 weeks ended May 4, 2024 were as follows:
(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 May 4, 2024, $4.1 million was recorded in accrued expenses and other current liabilities in the condensed consolidated balance sheets reflecting the dividends on Preferred Shares declared for the first quarter of Fiscal 2025. (2) Dividends on the Preferred Shares during the first quarter of Fiscal 2025 included $2.1 million of accrued dividends paid in connection with the redemption further described in Note 5.
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Schedule of Class of Treasury Stock | The share repurchase activity during the 13 weeks ended May 3, 2025 and May 4, 2024 was as follows:
(1) Includes amounts paid for commissions.
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