Ellison cancels Oracle stock-sale plan
Oracle said Larry Ellison canceled his 10b5-1 plan to sell Oracle stock, and no shares were sold under the plan.
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Larry Ellison cancels $7.5B Oracle share sale plan
Oracle Executive Chairman Larry Ellison has canceled a plan to sell up to 50 million shares of Oracle common stock, or $7.5B worth of stock at the current price, with no shares sold under the trading plan, the company said. Ellison has no other plans to sell his Oracle shares.The 10b5-1 trading pla…
Oracle's Larry Ellison Cancels $7.5 Bln Stock Sale Plan
REDWOOD SHORES (dpa-AFX) - Oracle Corp. (ORCL) announced that Chairman and Chief Technology Officer Larry Ellison has cancelled his plan to sell up to 50 million shares of the company, valued at about $7.5 billion.The reversal follows a regulatory filing on Friday, which showed the company had adop…