Similarly, Birlasoft announced its buyback on May 23, 2022 when the stock was trading at Rs 378. The buyback price was set at Rs 500 a share which was 32 percent higher than its market price at that time. The stock never closed above Rs 380 on a daily basis since that buyback announcement till date. The stock touched Rs 250 on the downside and currently trades at Rs 350 a piece.