Exactly. Mission accomplished.

The purpose of lighting that money on fire was not to spend it in the best possible way, but to get rid of it in a way that benefitted those lighting it on fire in the first place.

Its gone now, with many billions more to go, and as trendy as it is to do so now, history will judge this very poorly and we will rue the day we did this (at least to this extent).

The next trough cycle when the balance sheet is threatened, we will see the (re)issuance of additional shares at much, much cheaper prices.