Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
sharewise is moving On the weekend of 22/23 August the new sharewise becomes the main site. Have a look now and tell us what you miss. Go to the new sharewise What changes
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Signet Jewelers Stock Triumphed on Tuesday

TheMotleyFool 
0 0 09.06.26
Why Signet Jewelers Stock Triumphed on Tuesday: https://g.foolcdn.com/editorial/images/873759/person-looking-pleased-while-gazing-at-a-smartphone.jpg
 

Signet Jewelers (NYSE: SIG) saw its stock rise on an otherwise unexceptional Tuesday for the market. Investors bid up the price of the jewelry retail conglomerate by nearly 3% after it revealed plans for a new, $50 million share repurchase program.

In a regulatory filing published late on Monday, Signet disclosed that it has retained white-shoe investment bank Goldman Sachs to enact a $50 million accelerated share repurchase (ASR) program. Under this initiative, Goldman is to deliver approximately 480,000 of these shares to Signet.

Image source: Getty Images.

Continue reading


Source Fool.com

Signet Jewelers Stock

€80.24
0.500%
The Signet Jewelers stock is trending slightly upwards today, with an increase of €0.40 (0.500%) compared to yesterday's price.
With 15 Buy predictions and not the single Sell prediction the community is currently very high on Signet Jewelers.
As a result the target price of 105 € shows a positive potential of 30.86% compared to the current price of 80.24 € for Signet Jewelers.
Show more
Like: 0
SIG
Share

Comments

Not a member yet? Sign up for free!