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Oracle's Larry Ellison Cancels $7.5 Bln Stock Sale Plan
Source: Nasdaq
Insider TransactionsManagement & Governance
Oracle Chairman and CTO Larry Ellison cancelled a planned sale of up to 50 million Oracle shares, valued at approximately $7.5 billion. The withdrawal removes a potentially significant insider-share supply overhang and is modestly positive for investor sentiment toward ORCL.
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mildly positive
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0.15
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