ORCL · 10-K · 2026A · Full report

Capital Return Program

ORACLE CORP · 2026-06-22 · Importance 76 · Surprise 82 · In source text

The Board's common stock repurchase program had approximately $6.3 billion remaining authorization as of May 31, 2026. Oracle repurchased 0.4 million shares for $93 million in fiscal 2026 versus 3.9 million shares for $600 million in fiscal 2025, a decline in buyback activity of roughly $507 million year-over-year. The program has no expiration date and repurchases may be affected by working capital needs, capital expenditures, acquisitions, dividend payments, debt obligations, stock price and market conditions. Oracle repurchases may be executed in the open market or via Rule 10b5-1 plans and the program may be accelerated, suspended, delayed or discontinued.

Key facts

• On February 5, 2026, Oracle issued 100,000,000 depositary shares, representing 50,000 shares of its 6.50% Series D Mandatory Convertible Preferred Stock, and received cash proceeds of $5.0 billion, net of issuance costs. source
• Net cash provided by financing activities increased by $39.2 billion in fiscal 2026 relative to fiscal 2025 primarily due to proceeds from the issuance of Mandatory Convertible Preferred Stock of $5.0 billion. source
• On February 2, 2026, Oracle entered into an equity distribution agreement to sell shares of common stock having aggregate sales proceeds of up to $20 billion through an 'at-the-market' offering program, and as of May 31, 2026 Oracle had not sold any shares under the ATM Program. source
• As of May 31, 2026, approximately $6.3 billion remained available for stock repurchases pursuant to Oracle's stock repurchase program. source
• Cash used for repurchases of common stock was $95 million during fiscal 2026. source
• Cash used for repurchases of our common stock during fiscal 2026 was $95 million. source
• Oracle repurchased 0.4 million shares for $93 million in fiscal 2026. source
• Oracle repurchased 3.9 million shares for $600 million in fiscal 2025. source

Impact estimates