Shareholders' Equity

12 Months Ended

Jan. 31, 2018

Equity [Abstract]

Shareholders' Equity

NOTE 9 — SHAREHOLDERS' EQUITY

The Company’s common share repurchase and issuance activity for fiscal 2018 and 2017 is summarized as follows:

	Shares		Weighted- average price per share
Treasury stock balance at January 31, 2016	24,163,402		$	44.59
Shares of treasury stock reissued for equity incentive plans	(144,419	)
Treasury stock balance at January 31, 2017	24,018,983		44.59
Shares of treasury stock reissued for equity incentive plans	(149,609	)
Shares of treasury stock reissued for acquisition of TS	(2,785,402	)
Treasury stock balance at January 31, 2018	21,083,972		$	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 Note 5 - Acquisitions for further discussion). There were no common shares repurchased by the Company during the years ended January 31, 2018 and 2017. The reissuance of shares from treasury stock is based on the weighted average purchase price of the shares.