Larry Ellison Cancels Plan to Sell Up to $7.5 Billion of Oracle Stock

The Information | 12-09-2026 08:39pm |

Oracle founder Larry Ellison has canceled plans to sell up to 50 million of his shares in the company, worth around $7.5 billion at current prices. The announcement came a day after Oracle disclosed that Ellison had adopted a trading plan to sell the shares by late 2026. The cancellation was confirmed by Oracle on Saturday.

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