Mark Hurd, CEO of Oracle.
Adam Jeffery | CNBC
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Shares of Oracle dipped as much as 5% during extended trading after the company’s CEO, Mark Hurd, announced a medical leave of absence and $15 billion stock buy back. Founder and Executive Chairman Larry Ellison said in a statement that he and Safra Catz, who also has the title of chief executive officer, will cover Hurd’s responsibilities during his absence. The tech giant, meanwhile, posted less-than-stellar first quarter earnings results a day earlier than expected. Oracle reported adjusted earnings per share of $0.81, matching Wall Street’s consensus estimate, according to Refinitiv….