Oracle’s stock buybacks & how they boost Larry Ellison’s net worth

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTDominic DiongsonThu, July 16, 2026 at 2:40 AM GMT+2 5 min readOracle became a publicly traded company in 1986, and six years later in 1992, it announced its first stock buyback plan. Since then, Oracle has spent billions of dollars buying back shares. The buybacks also increased founder Larry Ellison's stake in Oracle to nearly 41%, which has helped to make him one of the richest people in the world. Ellison's stake in Oracle alone is valued at around $150 billion as of summer 2026.Here's a look at how much stock Oracle has bought back over the years.Oracle announced its first stock buyback plan of up to 12 million shares in 1992, and for its fiscal year 1993, it recorded the repurchase of 3.2 million shares for $43.626 million. (The company's fiscal year runs from June to May.)It followed that up in 1994 with the repurchase of 2.765 million shares for $81.157 million. How many times has Oracle announced stock buybacks?Oracle has an open-ended policy on stock repurchases. Oracle was aggressive in its repurchases in the mid to late 1990s due to the dilutive effect of its numerous stock splits. It stopped conducting stock splits after 2000. "Our repurchase program does not have an expiration date and we are not obligated to repurchase a specified number or dollar value of shares," Oracle said in its 2026 annual report.