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Larry Ellison scraps planned $7.5 billion Oracle stock sale

Oracle announced Saturday that executive chairman Larry Ellison has called off a plan to sell 50 million of his shares, worth roughly $7.5 billion, that had been disclosed in an earlier regulatory filing. The company said no shares were sold under the plan and that Ellison has no other plans to sell Oracle stock, without explaining the reversal.

techcrunch.com · 2026-09-13

Larry Ellison Cancels Plan to Sell Up to $7.5B in Oracle Shares

Oracle co-founder Larry Ellison called off a prearranged plan to sell as many as 50 million shares of Oracle stock, a transaction that could have been worth up to $7.5 billion. Ellison confirmed that no shares were actually sold under the arrangement before it was withdrawn.

wsj.com · 2026-09-12