Larry Ellison nixes plan to offload up to $7.5 billion worth of Oracle stock - CNBC
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The story
- Larry Ellison nixes plan to offload up to $7.5 billion worth of Oracle stock CNBC
- Larry Ellison Cancels His Plan to Sell Oracle Stock Oracle - Investor Relations
- Larry Ellison Scraps Plan to Sell Up to 50 Million Oracle Shares Bloomberg.com
- No. 17: Larry Ellison: The philanthropist of the Jewish world The Jerusalem Post
- Larry Ellison to sell up to $7.5bn worth of Oracle stock Financial Times
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- • Larry Ellison canceled a 10b5-1 plan to sell up to 50 million Oracle shares.
- • The proposed sale was valued at approximately $7.5 billion.
- • Ellison retains control of over 40% of Oracle stock.
Ellison adopted the preset trading plan in June but scrapped it before any shares were actually sold. He has historically avoided selling large blocks of Oracle stock.
Christian Perspective
The media focus on Ellison as a prominent Jewish philanthropist highlights the significant influence held by Jewish financiers in the American economy. This
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