Stock Information
MER | MANILA ELECTRIC COMPANY
Sector: INDUSTRIAL | Sub-Sector: ELEC., ENERGY, POWER & WATER
Manila Electric Company (MER) is a distribution utility registered on May 7, 1919, which operates under a 25-year congressional franchise under Republic Act (RA) No. 9209 effective June 28, 2003. The franchise of MER entitles the Company to construct, operate, and maintain the electric distribution system in the cities and municipalities of Metro Manila, Bulacan, Cavite, and Rizal and certain cities, municipalities, and barangays in the provinces of Batangas, Laguna, Quezon, and Pampanga. MER's franchise was renewed for another 25 years, or until 2054, under RA 12146.
MER's franchise area covers approximately 9,685 square kilometers, reaching over 8.2 million residential, commercial, and industrial customers across 39 cities and 72 municipalities in Luzon. Its principal business is the distribution of electricity through its distribution network facilities in its franchise area.
The Company's subsidiaries include Clark Electric Distribution Corporation; Corporate Information Solutions, Inc.; e-Meralco Ventures, Inc.; MERALCO PowerGen Corporation; Meralco Energy, Inc.; Meralco Financial Services Corporation; Meralco Industrial Engineering Services Corporation; and Vantage Energy Solutions and Management, Inc.
Source: SEC Form 17-A (2025)
Price History
| Price Date | Open | Low | High | Close | Volume | Average | Value |
|---|---|---|---|---|---|---|---|
| 2026-10-09 | 416.00 | 416.00 | 443.39999 | 437.00 | 390,050 | 435.20001 | 169,752,000.00 |
| 2026-10-08 | 418.60001 | 410.00 | 423.79999 | 415.00 | 308,290 | 415.25 | 128,018,000.00 |
| 2026-10-07 | 412.39999 | 412.39999 | 418.79999 | 414.00 | 333,820 | 414.04999 | 138,216,992.00 |
| 2026-10-06 | 424.20001 | 411.39999 | 426.60001 | 412.20001 | 244,710 | 414.54001 | 101,442,000.00 |
| 2026-10-05 | 416.39999 | 415.00 | 424.00 | 424.00 | 191,130 | 421.41 | 80,544,400.00 |
| 2026-10-02 | 417.39999 | 416.00 | 435.00 | 416.00 | 325,430 | 420.42999 | 136,820,992.00 |
| 2026-10-01 | 417.00 | 416.39999 | 424.00 | 417.20001 | 179,220 | 419.45999 | 75,175,696.00 |
| 2026-09-30 | 417.39999 | 410.00 | 423.79999 | 416.60001 | 432,010 | 415.60999 | 179,546,000.00 |
| 2026-09-29 | 435.00 | 416.00 | 439.00 | 417.20001 | 752,560 | 422.62 | 318,048,000.00 |
| 2026-09-28 | 446.00 | 435.00 | 452.39999 | 435.00 | 266,410 | 440.23001 | 117,281,000.00 |
| 2026-09-25 | 448.00 | 440.20001 | 454.79999 | 444.20001 | 344,390 | 446.91 | 153,910,000.00 |
| 2026-09-24 | 463.20001 | 445.00 | 466.39999 | 447.00 | 322,680 | 448.66 | 144,774,000.00 |
| 2026-09-23 | 470.00 | 463.00 | 473.39999 | 463.00 | 169,200 | 465.23001 | 78,717,000.00 |
| 2026-09-22 | 473.00 | 466.00 | 474.00 | 470.00 | 132,560 | 470.17001 | 62,325,200.00 |
| 2026-09-21 | 480.00 | 468.20001 | 480.00 | 473.00 | 196,390 | 472.73001 | 92,839,400.00 |
| 2026-09-18 | 484.60001 | 461.79999 | 484.60001 | 480.00 | 947,590 | 475.14999 | 450,246,016.00 |
| 2026-09-17 | 486.00 | 476.00 | 486.00 | 484.60001 | 270,650 | 483.31 | 130,808,000.00 |
| 2026-09-16 | 486.00 | 474.20001 | 486.79999 | 486.00 | 125,430 | 478.95999 | 60,075,900.00 |
| 2026-09-15 | 485.79999 | 485.60001 | 488.39999 | 486.00 | 128,610 | 486.62 | 62,584,100.00 |
| 2026-09-14 | 480.00 | 477.39999 | 486.20001 | 485.39999 | 197,040 | 484.98999 | 95,562,000.00 |
| 2026-09-11 | 480.00 | 477.39999 | 485.79999 | 480.00 | 430,880 | 481.07999 | 207,287,008.00 |
| 2026-09-10 | 485.60001 | 478.60001 | 486.00 | 480.00 | 241,520 | 483.04999 | 116,666,000.00 |
| 2026-09-09 | 479.79999 | 479.00 | 487.79999 | 485.00 | 163,300 | 484.32999 | 79,091,504.00 |
| 2026-09-08 | 480.00 | 477.00 | 482.00 | 478.20001 | 157,890 | 479.54001 | 75,715,200.00 |
| 2026-09-07 | 463.00 | 462.20001 | 481.20001 | 480.00 | 244,240 | 476.45001 | 116,369,000.00 |
| 2026-09-04 | 461.20001 | 461.20001 | 466.60001 | 462.00 | 158,610 | 463.10999 | 73,454,000.00 |
| 2026-09-03 | 456.00 | 453.39999 | 466.20001 | 460.39999 | 188,480 | 459.47501 | 86,601,800.00 |
| 2026-09-02 | 440.00 | 432.60001 | 456.60001 | 456.00 | 602,650 | 447.66 | 269,780,992.00 |
| 2026-09-01 | 460.00 | 438.79999 | 468.00 | 438.79999 | 776,170 | 446.20001 | 346,327,008.00 |
| 2026-08-28 | 470.00 | 454.00 | 470.00 | 460.00 | 526,150 | 459.34 | 241,680,000.00 |
437.00
| Shares Type | Common |
| Incorporation Date | 07-May-1919 |
| Corporate Life | 50 |
| Stakeholders' Meeting | May - last Tuesday |
| Fiscal Year | December 31 |
| External Auditor | SyCip, Gorres, Velayo & Company |
| Stock Transfer Agent | RCBC Trust Corporation |
| Issued Shares | 1,127,271,117 |
| Listed Shares | 1,127,271,117 |
| Outstanding Shares | 1,127,092,509 |
| Free Float Level | 26.09% |
| Market Capitalization | |
| ISIN | PHY5764J1483 |
| Issue Type | Common |
| Listing Date | 1992-01-08 |
| Board Lot | 10 |
| Par Value | 10 |
| Foreign Ownership Limit | 40 |
| Year-end EPS | 33.74 |
| Year-end EPS Period | 2023-12-31 |
| Interim Period | 9 months Sep-24 |