Billionaire Larry Ellison cancels his plan to sell $7.5 billion of Oracle stock
Oracle said on Sept. 12 that Larry Ellison cancelled his 10b5-1 plan, that no stock was sold under it, and that he has no other plans to sell.
Larry Ellison
Billionaire Larry Ellison prepares to sell $7.5 billion of Oracle stock as shares collapse
Larry Ellison adopted a 10b5-1 plan in June to sell up to 50 million Oracle shares through Oct. 24, worth about $7.5 billion at current prices.
Billionaire Larry Ellison's Oracle has a record $664 billion of contracted AI revenue
Larry Ellison’s Oracle has reached $664 billion in remaining performance obligations as demand for AI cloud infrastructure drives record growth in its contracted revenue.
Larry Ellison’s Oracle opens research and development center in Morocco
Oracle launches a seven-floor research center in Casablanca to drive AI and cloud innovation across Africa