Signet jewelers repurchases 50% of convertible preferred shares ahead of maturity

Net share settlement amendment further reduces diluted share count increases fy2025 non-gaap eps guidance by 9% to 10% hamilton, bermuda , april 3, 2024 /prnewswire/ -- signet jewelers limited (nyse: sig) ("signet", "the company"), the world's largest retailer of diamond jewelry, and leonard green & partners, l.p. ("lgp"), a leading private equity investment firm, today announced the amendment of the terms of the series a convertible preference shares ("preferred shares") to net share settlement and the repurchase of half of the preferred shares.
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