Illustration, AI-generated from the story text. Tap a panel to read the story through it.
Oracle filed a preliminary on Monday for $10 billion of common stock, about 76.5 million shares at Friday's $130.67 close, or roughly 2.5% of the shares outstanding, by our arithmetic. A separate $10 billion senior note sale runs alongside it; neither depends on the other. BofA Securities is sole representative.
The stated uses are general: capital spending, repaying debt, investments, and even dividends and buybacks.
The stock was down 8.7% a minute before Monday's close. A company that can still borrow does not usually dilute its holders by 2.5% in the same week unless it wants to keep its debt load from growing as fast as its data-center bill.
Oracle will sell $10 billion of new stock alongside $10 billion of bonds
Oracle filed a preliminary prospectus on Monday for $10 billion of common stock, about 76.5 million shares at Friday's $130.67 close, or roughly 2.5% of the shares outstanding, by our arithmetic. A separate $10 billion senior note sale runs alongside it; neither depends on the other. BofA Securities is sole representative. The stated uses are general: capital spending, repaying debt, investments, and even dividends and buybacks.
The stock was down 8.7% a minute before Monday's close. A company that can still borrow does not usually dilute its holders by 2.5% in the same week unless it wants to keep its debt load from growing as fast as its data-center bill. SourcesAC
Sources
- AOracle Corporation, preliminary prospectus supplement, Form 424B5 (SEC EDGAR)sec.gov
- CTech Stocks Pull the Nasdaq Lower in the Stock Market Today Live, November 2, 2026 (Stocktitan)stocktitan.net
This story ran in the Afternoon Brief of November 2nd 2026.