Shareholders' Equity (Notes)

3 Months Ended

Apr. 30, 2017

Shareholders' Equity and Share-based Payments

NOTE 7 — SHAREHOLDERS' EQUITY

The Company’s common share issuance activity for the three months ended April 30, 2017 is summarized as follows:



	Shares		Weighted-average price per share
Treasury stock balance at January 31, 2017	24,018,983		$	44.59
Shares of treasury stock reissued for equity incentive plans	(115,741	)
Shares of treasury stock reissued for acquisition of TS	(2,785,402	)
Treasury stock balance at April 30, 2017	21,117,840		$	44.59

As part of the acquisition of TS, the Company reissued 2,785,402 shares of Tech Data's common stock out of treasury stock (see further discussion in Note 3 - Acquisitions). There were no common shares repurchased by the Company during the three months ended April 30, 2017. The reissuance of shares from treasury stock is based on the weighted average purchase price of the shares.