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Published: September 12, 2026 – 01:09 UTC

Larry Ellison, the chairman of Oracle Corporation, has announced plans to sell up to $7.5 billion of his shares in the technology company. This significant divestiture comes as Oracle continues to navigate a competitive landscape in the cloud computing sector.

The decision to offload such a substantial amount of stock is notable, as Ellison has been a key figure in Oracle's growth and strategic direction. His actions may reflect broader market trends or personal financial strategies, but the exact reasons behind this move have not been disclosed.

Source: KLEA News

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