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The Economic Times

Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billion

Larry Ellison Oracle

Oracle said on Saturday that its co-founder and executive chairman Larry Ellison had canceled a plan to sell up to 50 million Oracle shares, worth about $7.5 billion at Friday's closing price.

Oracle had disclosed in a regulatory filing Friday that Ellison had adopted the trading ‌plan on ⁠June 22, ⁠2026, and that it was scheduled to expire on October 24, 2026.

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