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Oracle Executive Chairman Larry Ellison has canceled a plan to sell up to 50 million shares of Oracle common stock, or $7.5B worth of stock at the current price, with no shares sold under the trading ...

Oracle said on Saturday that its co-founder and executive chairman Larry Ellison had canceled a plan ​to sell up to 50 million Oracle shares, worth ‌about $7.5 billion at Friday's closing price.

The billionaire says no stock was sold, and he cancels a plan to unload 50 million shares.