Larry Ellison has called off a previously announced plan to sell 50 million Oracle shares, a transaction that would have raised about $7.5 billion. The cancellation removes a potential large supply of Oracle stock from the market and may affect investor sentiment.
Background
Larry Ellison, co‑founder and longtime CTO of Oracle, is one of the company's largest shareholders, and his personal stock sales are closely watched by the market.
- Source
- TechCrunch
- Published
- Sep 14, 2026 at 04:49 AM
- Score
- 5.0 / 10