Corvex Management Adds To Signet Jewelers Stake - InvestingChannel

Corvex Management Adds To Signet Jewelers Stake

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  • Keith Meister’s activist hedge fund Corvex Management has filed an amended 13D with the SEC regarding its position in Signet Jewelers.
  • Per the filing, Corvex now owns 7.2% of SIG with over 5.74 million shares.
  • Corvex’s filing says they commend Signet “For its new capital allocation policy and look forward to continuing to engage in constructive and collaborative conversations.”