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News 2026-09-13 04:05 UTC

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…