reply from investor relationsI asked about the Q2 1.2b debt target resulting in higher return of capital. This is the reply:
The $1.2B debt target was our projected debt level at the end of 2022, but that was an operational target and was presented independent of the return of capital framework. Based on our current guidance, we expect to reach net debt of $1.0B in 2023 and we have reiterated our commitment to increasing returns to shareholders as debt levels decrease.
So they must be planning to acquire I would guess. That is the 200B gap.