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[BUSINESS] · United States · 24 sources

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Part of situation: Oracle AI spending, workforce restructuring and debt risks (57 clusters)

Larry Ellison cancels $7.5 billion Oracle stock sale plan

Larry Ellison Oracle Corporation stock sale cancellation AI infrastructure investment restructuring costs

Larry Ellison, co-founder and chairman of Oracle, has canceled a Rule 10b5-1 trading plan that would have allowed him to sell up to 50 million shares. The plan, originally adopted on June 22, was valued at approximately $7.5 billion at recent market prices, though the value had decreased from an initial $8.75 billion due to a decline in Oracle's stock price.

Oracle confirmed that no shares were sold under the canceled arrangement and stated that Ellison has no current plans to sell his remaining stake, which accounts for approximately 40% of the company. The reversal comes as Oracle faces significant financial pressure from heavy capital expenditures in artificial intelligence and data center infrastructure.

Additionally, the company has increased its estimated restructuring costs to $2.8 billion, a $700 million increase from previous projections, primarily due to workforce reductions. Despite these challenges and recent stock volatility, analysts remain focused on Oracle's long-term growth potential in the cloud and AI sectors.

Entities

David Ellison · Larry Ellison · OpenAI · Oracle Corp. · Oracle Corporation · Paramount Skydance · Paramount Skydance Corp. · Warner Bros. Discovery

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

Larry Ellison odustao od prodaje akcija Oracle-a vrijednih oko 7,5 milijardi dolara [biznis.me]
Larry Ellison cancela la venta de acciones de Oracle por 7. 500 millones de dólares [espiganoticias.net]
Larry Ellison scraps $7. 5 billion Oracle stock sale one day after it became public [bitcoinethereumnews.com]
ΗΠΑ: Ο Λάρι Έλισον παγώνει πώληση μετοχών Oracle 7,5 δισ. [www.sbctv.gr]
Oracle: Ellison storniert Verkaufsplan für 50 Millionen Aktien [www.kapitalmarktexperten.de]
Larry Ellison desiste de vender ações da Oracle [www.brasilemfolhas.com.br]
Oracle falls 5%: $700 million more in layoff costs, and Ellison's $7. 5 billion sale is off [www.techi.com]
SAP-Aktie im Aufwind: Cloud-ERP, KI-Agenten und Rückkaufprogramms sorgen für Rückenwind [www.it-boltwise.de]
Oracle (ORCL) Stock: Larry Ellison Scraps $7. 5B Share Sale Plan After One Day [bitcoinethereumnews.com]
Larry Ellison nixes plan to offload up to $7. 5 billion worth of Oracle stock - IndiaVision India News & Information [www.indiavision.com]
Em meio à pressão, Ellison encerra plano de vender US$ 7,5 bi em ações da Oracle [contilnetnoticias.com.br]
Ellison cancela venda de US$ 7,5 bi em ações da Oracle [www.spacemoney.com.br]
Larry Ellison has cancelled his plan to sell $7. 5bn of Oracle stock, a day after it surfaced [thenextweb.com]
Oracle Stock Fell as Ellison's $7. 5bn Share-Sale U-Turn Backfires [www.financial-news.co.uk]
Larry Ellison renunță la planul de a vinde acțiuni Oracle [www.g4media.ro]
Allianz Global Investors lanciert fünf neue ETFs an der SIX | 14. 09. 26 [www.finanzen.ch]
Larry Ellison rezygnuje z planu sprzedaży akcji Oracle'a [crn.pl]
Larry Ellison Cancels Plan To Sell Up To $7. 5 Billion Of Oracle Stock [pulse2.com]
» Larry Ellison cancels plan to sell Oracle stock worth up to $7. 5 billion [china.timesofnews.com]
Λάρι Έλισον: Ακυρώνει σχέδιο πώλησης μετοχών της Oracle ύψους 7,5 δισ. [www.powergame.gr]
Larry Ellison won't sell $7. 5B worth of Oracle stock [www.newsbytesapp.com]
Larry Ellison scraps $7. 5 billion Oracle stock sale one day after it became public [www.cryptopolitan.com]
Larry Ellison cancels plan to sell $7. 5 billion in Oracle stock [cryptobriefing.com]
Em meio à pressão, Ellison encerra plano de vender US$ 7,5 bi em ações da Oracle [www.infomoney.com.br]