Oracle takes neutral stance on TRC mini-tender offer for up to 1,000,000 shares

Reuters04-09

Oracle takes neutral stance on TRC mini-tender offer for up to 1,000,000 shares

Oracle issued a response to an unsolicited mini-tender offer from TRC Capital Investment to buy up to 1,000,000 shares at USD 140.5 per share.
Oracle stated it is not affiliated with TRC and does not endorse the offer.
Company took no position on whether shareholders should tender, urging investors to review terms and consult advisors.
Oracle warned mini-tender offers are not subject to many SEC disclosure and procedural requirements because they cover less than 5% of outstanding shares.
Offer is scheduled to expire at 11:59 p.m. ET on April 22, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oracle Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604081605PR_NEWS_USPR_____SF29321) on April 08, 2026, and is solely responsible for the information contained therein.

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