Common Shares, Treasury Shares, Reserves and Dividends (Tables)

12 Months Ended

Jan. 30, 2016

The share repurchase activity is outlined in the table below:



			Fiscal 2016					Fiscal 2015				Fiscal 2014
	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
	(in millions)			(in millions)					(in millions)				(in millions)
2013 Program⁽¹⁾	$	350.0	1,018,568	$	130.0	$	127.63	288,393	29.8	$	103.37	808,428	$	54.6	$	67.54
2011 Program⁽²⁾	$	350.0	n/a	n/a		n/a		n/a	n/a	n/a		749,245	$	50.1	$	66.92
Total			1,018,568	$	130.0	$	127.63	288,393	29.8	$	103.37	1,557,673	$	104.7	$	67.24


⁽¹⁾	On June 14, 2013, the Board 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 $135.6 million remaining as of January 30, 2016.


⁽²⁾	In October 2011, the Board 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.

Schedule of Dividends



	Fiscal 2016					Fiscal 2015					Fiscal 2014
(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	$	0.22	$	17.6		$	0.18	$	14.4		$	0.15	$	12.1
Second quarter	0.22		17.6			0.18		14.4			0.15		12.1
Third quarter	0.22		17.5			0.18		14.5			0.15		12.0
Fourth quarter	0.22		17.5		⁽¹⁾	0.18		14.4		⁽¹⁾	0.15		12.0
Total	$	0.88	$	70.2		$	0.72	$	57.7		$	0.60	$	48.2

⁽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 January 30, 2016 and January 31, 2015, $17.5 million and $14.4 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 2016 and Fiscal 2015, respectively.