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Common shares, treasury shares, reserves and dividends (Tables)
12 Months Ended
Feb. 01, 2020
Class of Stock [Line Items]  
Class of Treasury Stock
The share repurchase activity is outlined in the table below:
 
 
 
Fiscal 2020
 
Fiscal 2019
 
Fiscal 2018
(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

 

 
$

 
$

 
7.5

 
$
434.4

 
$
57.64

 
n/a

 
n/a

 
n/a

2016 Program(2)
$
1,375.0

 
n/a

 
n/a

 
n/a

 
1.3

 
$
50.6

 
$
39.76

 
8.1

 
$
460.0

 
$
56.91

Total
 
 

 
$

 
$

 
8.8

 
$
485.0

 
$
55.06

 
8.1

 
$
460.0

 
$
56.91

(1) 
The 2017 Program had $165.6 million remaining as of February 1, 2020.
(2) 
The 2016 Program was completed in March 2018.
n/a
Not applicable.
Schedule of Dividends
 
Fiscal 2020
 
Fiscal 2019
 
Fiscal 2018
(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
$
0.37

 
$
19.3

 
$
0.37

 
$
21.8

 
$
0.31

 
$
21.3

Second quarter
0.37

 
19.3

 
0.37

 
19.2

 
0.31

 
18.7

Third quarter
0.37

 
19.4

 
0.37

 
19.2

 
0.31

 
18.7

Fourth quarter(1)
0.37

 
19.4

 
0.37

 
19.2

 
0.31

 
18.8

Total
$
1.48

 
$
77.4

 
$
1.48

 
$
79.4

 
$
1.24

 
$
77.5

(1) 
Signet’s dividend policy results in the dividend payment date being a quarter in arrears from the declaration date. As a result, as of February 1, 2020 and February 2, 2019, $19.4 million and $19.2 million, respectively, has been 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 and Fiscal 2019, respectively.
Series A Redeemable Convertible Preferred Stock  
Class of Stock [Line Items]  
Schedule of Dividends
 
Fiscal 2020
 
Fiscal 2019
 
Fiscal 2018
(in millions)
Total cash
dividends
 
Total cash
dividends
 
Total cash
dividends
First quarter
$
7.8

 
$
7.8

 
$
7.8

Second quarter
7.8

 
7.8

 
7.8

Third quarter
7.8

 
7.8

 
7.8

Fourth quarter(1)
7.8

 
7.8

 
7.8

Total
$
31.2

 
$
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 February 1, 2020 and February 2, 2019, $7.8 million has been recorded in accrued expenses and other current liabilities in the consolidated balance sheets reflecting the cash dividends on preferred shares declared for the fourth quarter of Fiscal 2020 and Fiscal 2019.