If there’s one thing Bank of America (NYSE: BAC) has been clear about over the past few years, it’s that it wants to buy back as much of its outstanding common stock as possible. Its chairman and CEO, Brian Moynihan, made this point soon after taking over at the bank, and he doubled down on it in his latest shareholder letter, released Wednesday, saying that the bank is focused on steadily repurchasing the 7 billion shares it issued during the financial crisis.