share divestment

Oracle Chairman Larry Ellison plans to sell up to 50 million shares, potentially worth $7.5 billion, between June and October. Despite this sale, he will retain over a billion shares. Ellison has been a key figure in Oracle’s AI pivot, which drove strong cloud revenue growth, though this came with significant debt. He also financed his son’s company merger. The market is watching how this divestment, alongside Oracle’s debt and AI investments, impacts investor sentiment.