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Oracle Founder Cancels Plan to Sell $7.5 Billion in Company Shares

Oracle Founder Cancels Plan to Sell $7.5 Billion in Company Shares

Austin, Monday, 14 September 2026.
Oracle Chairman Larry Ellison canceled a pre-arranged plan to sell $7.5 billion in company stock without offloading a single share, signaling renewed long-term confidence despite recent market pressures.