Village Connect
SM Investments Corporation (SM Investments) is commemorating two decades of success as a publicly listed company on the Philippine Stock Exchange. Since its debut on March 22, 2005, at an adjusted price of PHP 123.27 per share, SM has witnessed remarkable growth, with its stock price increasing by 549% from its initial closing price of PHP 800.
Over 20 years, the company’s assets have surged by 900%, reflecting a compounded annual growth of 12%. During the anniversary celebration, SM Investments President and CEO Frederic C. DyBuncio highlighted how the company’s journey has been driven by a steadfast commitment to its stakeholders and the vision of its founder, Henry Sy, Sr. “For two decades, we have consistently generated value, delivering strong returns for our investors while fostering opportunities for people and communities.
This enduring legacy of growth continues to inspire our future,” DyBuncio said. SM attributes its success to responsible governance, with a majority-independent board providing strategic oversight. Sustainability remains a key focus, with investments in green infrastructure, innovation, and community support shaping its long-term direction.
A Vision for the Future Looking ahead, SM is dedicated to sustained value creation for its investors. DyBuncio outlined plans for expansion, particularly in high-growth provincial areas, reinforcing SM’s leadership in retail, property, and banking.
In 2024, SM Prime Holdings, Inc. allocated PHP 100 billion for the development of malls, residential projects, and hotels, responding to strong consumer and corporate demand. Additionally, SM Investments launched a USD 1 billion stock buyback program—the largest in its history—as a testament to its confidence in the Philippine economy and long-term shareholder value. “Our buyback program signals our belief in the future of SM and the Philippine market. We remain committed to creating lasting value for our stakeholders,” DyBuncio stated.
SM’s Expanding Footprint SM’s nationwide presence continues to grow, with 619 new retail stores, two additional malls, and 73 new bank branches added in 2024 alone. With over 85% of its operations now in the provinces, SM’s total footprint has reached 87 malls, 4,470 retail stores, and 2,441 bank branches by the end of the year. “Our goal is to provide Filipinos with greater access to modern retail, banking, and integrated developments, fostering a sense of community, innovation, and sustainability,” DyBuncio shared.
A Commitment to Social Progress Rooted in the belief that business success and social progress go hand in hand, SM continues to invest in initiatives that uplift Filipino communities. Through the SM Foundation, the company has granted 6,619 college scholarships, constructed 110 school buildings, trained over 32,000 farmers, provided medical services to more than 1.3 million patients, and enhanced 216 health and wellness centers. “As we move forward, inclusivity and empowerment will remain at the heart of our mission.
Our promise, ‘We’ve got it all for you,’ has shaped our journey. Now, we strive to build an SM for All—one that benefits every Filipino and ensures that our success is shared by everyone,” DyBuncio concluded.
