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Thank you for your interest in instituting good governance practice in Meralco

If you are aware of any violation of the following corporate governance rules, committed by any our directors, officers or employees, related to the following:

  • Violation of the Corporate Governance Rules
  • Violation of the Code of Ethics and Company Code of Employee Discipline or other similar codes
  • Financial Malfeasance including those relating to financial fraud and questionable accounting and auditing matters

Kindly fill out the appropriate forms (click to download) and submit to any of the CG communication channels

Meralco values your privacy.

We collect your name, address, employee number, job title/position, company/office, contact number, email address, and signature solely to facilitate action on the Violation of Corporate Governance Rules and/or Retaliation Protection report you have submitted. These are accessed by Corporate Governance Office who hold such information under strict confidentiality. These are retained while any of the involved parties is employed in Meralco and shall be disposed of accordingly thereafter.

To know more about how we protect your data, visit Privacy. To exercise your data subject rights, contact cdpo@meralco.com.ph

eReport Mo Form Anti-Retaliation Form

Shareholder Center

As we pursue sustainable growth and operational excellence, we remain focused on keeping our shareholders informed and engage every step of the way.

Daily Stock Quote

MER
.As of November 14, 2025
583.00
-8.00 ( -1.35%) arrow up arrow down

Manila Electric Company

Meralco is publicly-listed company at Philippines Stock Exchange since 1992.

View More .
High610.00
Low583
Close583 
Volume340,910
PSEi5,584.35 


Meralco's Key Shareholder

Manned by seasoned institutions and diversified investors, Meralco's shareholding reflects strong, long-term confidence in its role as the country's largest distribution utility.

IROffice Shareholder Structure v2


Conference, Events and Briefings

DateEventRemarksLocation
October 14-15, 2025Jeffries & Regis Partners Philippines Conference Philippines
September 1-2, 2025J.P. Morgan Philippine Forum Makati
July 28, 2025First Half/ Second Quarter Financial and Operational Results BriefingAnalysts' briefingMeralco Lopez Building
July 1, 2025Maybank Invest Asean Malaysia
May 27, 2025Annual General Stockholders MeetingStockholder's MeetingMeralco Lopez Building
April 28, 20251Q 2025 Financial and Operations ResultsAnalyst's briefingHybrid Online and in Meralco Lopez Building
March 19, 2025PSE Invest Conference  
March 3, 2025UBS Asean Conference  
February 24, 2025Full Year 2024 Earnings ResultsInvestors Night - Power House EventBGC, Manila
February 24, 2025Full Year 2024 Earnings ResultsAnalyst's briefingBGC, Manila
February 12, 2025Macquarie Owners Access  
January 13, 2025Nomura Asean Conference  
December 2, 2024Okasan - RCBC Conference  
October 28, 20243Q 2024 Financial and Operations ResultsAnalyst's briefingHybrid Online and in Meralco Lopez Building
July 28, 20242Q 2024 Financial and Operations ResultsAnalyst's briefingHybrid Online and in Meralco Lopez Building
February 27, 2023FY 2022 Financial and Operating ResultsMedia briefingAnalyst's briefing
February 27, 2023FY 2022 Financial and Operating ResultsMedia briefingVirtual Meeting
October 28, 20229M 2022 Financial and Operating ResultsAnalyst's briefingVirtual Meeting
October 28, 20229M 2022 Financial and Operating ResultsMedia briefingVirtual Meeting
July 25, 20221H 2022 Financial and Operating ResultsAnalyst's briefingVirtual Meeting
July 25, 20221H 2022 Financial and Operating ResultsMedia briefingVirtual Meeting
June 1, 2022UBS One ASEAN Conference  
June 1, 2022HSBC Asia Credit Conference  
April 25, 20221Q 2022 Financial and Operating ResultsAnalyst's briefingVirtual Meeting
April 25, 20221Q 2022 Financial and Operating ResultsMedia briefingVirtual Meeting
March 1, 2022Regis CEO Roundtable Series  
February 28, 2022FY 2021 Financial and Operating ResultsAnalyst's briefingVirtual Meeting
February 28, 2022FY 2021 Financial and Operating ResultsMedia briefingVirtual Meeting
January 1, 2022Maybank Kim Eng Philippine Corporate Day  
January 1, 2022Credit Suisse ASEAN Conference  
January 1, 2022JP Morgan Philippines Conference  
October 25, 20219M 2021 Financial and Operating ResultAnalyst's briefingVirtual Meeting
October 25, 20219M 2021 Financial and Operating ResultMedia briefingVirtual Meeting
July 26, 20211H 2021 Financial and Operating ResultsAnalyst's briefingVirtual Meeting
July 26, 20211H 2021 Financial and Operating ResultsMedia briefingVirtual Meeting
April 26, 20211Q 2021 Financial and Operating ResultsAnalyst's briefingVirtual Meeting
April 26, 20211Q 2021 Financial and Operating ResultsMedia BriefingVirtual Meeting
March 1, 2021FY 2020 Financial and Operating ResultsAnalyst's briefingVirtual Meeting
March 1, 2021FY 2020 Financial and Operating ResultsMedia briefingVirtual Meeting
October 26, 20209M 2020 Financial and Operating ResultsAnalyst's briefingVirtual Meeting
October 26, 20209M 2020 Financial and Operating ResultsMedia briefingVirtual Meeting
July 27, 20201H 2020 Financial and Operating ResultsAnalyst's briefingVirtual Meeting
July 27, 20201H 2020 Financial and Operating ResultsMedia briefingVirtual Meeting
April 27, 20201Q 2020 Financial and Operating ResultsAnalyst's briefingVirtual Meeting
April 27, 20201Q 2020 Financial and Operating ResultsMedia briefingVirtual Meeting

As disclosed last September 11, 2020 to the Philippine Stock Exchange, Securities and Exchange Commission and Philippine Dealing and Exchange Corporation and published at Philippine Star on September 15, 2020, both online and print, we would like to remind you that starting 2021, the Manila Electric Company (“Company”) will no longer physically deliver dividend cheques through courier to Meralco shareholders. A copy of said disclosure is available for download in the Company’s and PSE’s respective websites for your reference.
 
The Company’s shareholders are advised to enroll to the Meralco’s Cash Dividend Direct Credit Program (CDDCP) to avail of the convenience and benefit of receiving their dividends directly to their designated bank accounts. Stockholders can go to https://www.rcbc.com/CDDCP/CDDCP-Online to APPLY ONLINE. They can also submit hardcopies (available for download at RCBC and Meralco’s websites) of the forms and requirements to any RCBC branch or at the Meralco’s Corporate Compliance Office at the Ground Floor, Lopez Building, Meralco Center, Brgy. Ugong Ortigas Avenue, Pasig City. By choosing to receive dividends through CDDCP, shareholders will have a better payment experience with the following benefits:

(1) Safe and secure.
(2) Convenience of receiving cash dividends without going to the bank to deposit for clearing or physically cashing the checks.
(3) Real time crediting of dividend (for RCBC account only while for other designated bank, it is subject to credit batching of the designated bank)
(4) Prompts an email advice with the details of the dividends.
(5) No waiting time and risk of losing dividend checks due to courier’s failed delivery.
 
Visit these websites for guidelines on how to complete your enrollment ONLINE: https://company.meralco.com.ph/investor-relations/shareholders-information OR https://www.rcbc.com/CDDCP/CDDCP-Online OR

Please watch this video for more information on CDDCP:


Downloadable CDDCP Forms:

  • CDDCP Form Corporation
  • CDDCP Form
  • Non-Shareholders CDDCP Form/Co-Depositors (if joint AND bank account)

Bank Certification is no longer required and shareholders may attach other validated bank documents.

(e.g. machine validated deposit slip or bank statements or passbook that bears the accurate account name and account number)

 
Important notice:  Shareholders who do not enroll in the CDDCP will have to submit a letter of request to RCBC Stock Transfer or to Meralco for the delivery of dividend cheques. Cost of delivery will be charged to the shareholder.

Meralco values your privacy.

We collect your stockholder number, name, address, name of corporation and address, date of birth, nationality, contact numbers, email address, civil status, tax identification number (TIN), signature, and bank details (bank name/branch, address, account name and number) solely to facilitate your enrolment in the Cash Dividend Direct Credit Program (CDDCP). These are accessed by the Corporate Compliance Office and/or RCBC Stock Transfer Office who hold such information under strict confidentiality. These are retained for two years and shall be disposed of accordingly.

To know more about how we protect your data, visit Privacy. To exercise your data subject rights, contact cdpo@meralco.com.ph

 

SEC-RECOMMENDED INFO ON WEBSITE

Total Outstanding Shares1,127,098,705
Exchange where listedPhilippine Stock Exchange (PSE)
Stock Symbol: MER
Top 20 StockholdersPlease see list below for top 20. 

 

Top 20 Stockholders (as of December 31, 2021)

RankName
1Beacon Electric Asset Holdings, Inc.
2JG Summit Holdings, Inc.
3PCD Nominee Corporation (Filipino)
4Metro Pacific Investments Corporation
5PCD Nominee Corporation (Foreign)
6First Philippine Holdings Corporation
7Mantes Corporation
8Lucio W. Yan
9Charlotte Cua Cheng
10

Albert Ferreros Del Rosario &/Or Margaret Gretchen De Venecia Del Rosario

11Avesco Marketing Corporation
12B.P. Insurance Agency, Inc.
13Makati Supermarket Corporation
14Albert Ferreros Del Rosario And/Or Margaret Gretchen De Venecia Del Rosario
15Laarni Nieman Enriquez
16Jose Ignacio A. Carlos
17Antonino T. Aquino &/Or Evelina S. Aquino
18AGIKIK CORPORATION 
19BP Insurance Agency, Inc. 
20Raul Joseph Concepcion 

Frequently Asked Questions

ABOUT MERALCO

What is Meralco’s core business?

Meralco is the largest private sector electric distribution utility company in the Philippines, serving over 8 million customers in Metro Manila and nearby provinces. Apart from electric distribution, Meralco’s core business includes power generation through MGen, and various energy solutions through subsidiaries namely, MPower (local retail electricity supplier serving customers within the Meralco franchise), MServ (beyond-the-meter solutions) and MIESCOR (engineering services).

When was Meralco founded and when did it become publicly listed?

Meralco was founded in 1903 and has been listed on the Philippine Stock Exchange since 1992 under the ticker symbol MER.

What areas does Meralco serve?

Meralco covers Metro Manila and parts of Central Luzon, Calabarzon, and the provinces of Batangas, Quezon, and Rizal, among others.

 

FINANCIAL PERFORMANCE

Where can I find Meralco’s latest financial reports and disclosures?

You can access our Annual Reports, Quarterly Reports, and other disclosures in the Resources section under the Investor Relations page on the website or through the PSE EDGE portal

When is Meralco’s fiscal year-end?

Meralco’s fiscal year ends on December 31.

What is Meralco’s dividend policy?

Meralco strictly implements its dividend policy, which prescribes the regular payment of dividends equivalent to 50% of consolidated core net income for the year, which may be supplemented by a special dividend determined on a “look-back” basis.

 

OPERATIONS & STRATEGY

How is Meralco managing the transition to clean and renewable energy?

Through MGreen, Meralco’s renewable energy generation arm, the company is targeting 1,500 MW of RE capacity by 2030. Additionally, Meralco’s distribution unit plans to contract 1,500MW of RE to meet and support the Department of Energy’s Renewable Portfolio Standards.

What is the status of Meralco’s capital expenditure (CAPEX) program?

Meralco has a multi-year CAPEX program to expand and modernize its distribution network, improve reliability, and support the growing demand for electricity.

How are electricity rates determined?

Meralco’s rates are regulated by the Energy Regulatory Commission (ERC) under a Performance-Based Regulation (PBR) framework.

 

REGULATORY & GOVERNANCE

When does Meralco’s legislative franchise expire?

A: Meralco operates under a congressional franchise valid through June 2028 and has recently been renewed by another 25 years up to 2053 after President Ferdinand “BongBong” Marcos Jr. signed it into law last April 11, 2025.

 

INVESTOR ENGAGEMENT

Who should I contact for investor-related inquiries?

You may email the investor relations team at investor.relations@meralco.com.ph.

When does Meralco hold its Annual Stockholders’ Meeting (ASM)?

In the Annual Stockholders’ Meeting held on 27 May 2025, the stockholders approved the change in schedule to last Tuesday of June from the previous regular date of last Tuesday of May. The ASM is typically held at Meralco Theater Pasig City, Metro Manila. Notices are sent to shareholders and posted on the website in advance.

How can I receive updates from Meralco?

You may subscribe to our IR mailing list for updates on disclosures, earnings releases, and events or follow our LinkedIn page.

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