other material
confidence high
sentiment positive
materiality 0.55
Signet Jewelers announces $250M accelerated share repurchase and $20.7M open market buybacks
SIGNET JEWELERS LTD
- Entered $250M accelerated share repurchase with HSBC; initial delivery ~2.5M shares on Jan 24, 2022.
- Final settlement expected in fiscal quarter ending April 30, 2022.
- Repurchased 258,644 shares in open market at avg $79.91 for ~$20.7M.
- Remaining share repurchase authorization ~$413 million after these actions.