Signet Jewelers increases quarterly dividend, expands share repurchase program

Signet’s board of directors has declared a quarterly cash dividend on common shares of 29c per share for the first quarter of FY25, payable May 24 to shareholders of record on April 26, with an ex-dividend date of April 25. This reflects a 26% increase to this time last year, the company’s third consecutive year of increasing the common dividend. Subsequent to quarter end, Signet purchased an additional $7M of shares, that settled through March 19. Signet’s board of directors has approved the expansion of the remaining multi-year repurchase authorization by $200M to a total remaining authorization of approximately $850M.