diff --git a/CHANGELOG.md b/CHANGELOG.md
index fe2b8c16b..e893d3626 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [2.32.1](https://github.com/googleapis/java-storage/compare/v2.32.0...v2.32.1) (2024-01-24)
+
+
+### Dependencies
+
+* Update dependency com.google.cloud:google-cloud-shared-dependencies to v3.23.0 ([#2378](https://github.com/googleapis/java-storage/issues/2378)) ([798aadf](https://github.com/googleapis/java-storage/commit/798aadfd585cc584c57cf702f4c7ba341a0b6718))
+
 ## [2.32.0](https://github.com/googleapis/java-storage/compare/v2.31.0...v2.32.0) (2024-01-22)
 
 
diff --git a/gapic-google-cloud-storage-v2/pom.xml b/gapic-google-cloud-storage-v2/pom.xml
index 680d1e517..240198c96 100644
--- a/gapic-google-cloud-storage-v2/pom.xml
+++ b/gapic-google-cloud-storage-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>gapic-google-cloud-storage-v2</artifactId>
-  <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:gapic-google-cloud-storage-v2:current} -->
+  <version>2.32.1-alpha</version><!-- {x-version-update:gapic-google-cloud-storage-v2:current} -->
   <name>gapic-google-cloud-storage-v2</name>
   <description>GRPC library for gapic-google-cloud-storage-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/google-cloud-storage-bom/pom.xml b/google-cloud-storage-bom/pom.xml
index e5b359b38..916d90f71 100644
--- a/google-cloud-storage-bom/pom.xml
+++ b/google-cloud-storage-bom/pom.xml
@@ -19,7 +19,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-storage-bom</artifactId>
-  <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+  <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -69,37 +69,37 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-storage</artifactId>
-        <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+        <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>gapic-google-cloud-storage-v2</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:gapic-google-cloud-storage-v2:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:gapic-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-storage-v2</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-storage-v2</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-storage-control</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage-control:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:google-cloud-storage-control:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-storage-control-v2</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-storage-control-v2</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-storage-control/pom.xml b/google-cloud-storage-control/pom.xml
index eab757032..a8559c38d 100644
--- a/google-cloud-storage-control/pom.xml
+++ b/google-cloud-storage-control/pom.xml
@@ -5,13 +5,13 @@
     <modelVersion>4.0.0</modelVersion>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-control</artifactId>
-    <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage-control:current} -->
+    <version>2.32.1-alpha</version><!-- {x-version-update:google-cloud-storage-control:current} -->
     <name>google-cloud-storage-control</name>
     <description>GRPC library for google-cloud-storage-control</description>
     <parent>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-storage-parent</artifactId>
-        <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+        <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
     </parent>
 
     <dependencies>
diff --git a/google-cloud-storage/pom.xml b/google-cloud-storage/pom.xml
index d6fe6887a..ebd594ee3 100644
--- a/google-cloud-storage/pom.xml
+++ b/google-cloud-storage/pom.xml
@@ -2,7 +2,7 @@
 <project xmlns="http://maven.apache.org/POM/4.0.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <modelVersion>4.0.0</modelVersion>
   <artifactId>google-cloud-storage</artifactId>
-  <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+  <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Storage</name>
   <url>https://github.com/googleapis/java-storage</url>
@@ -12,7 +12,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-storage</site.installationModule>
diff --git a/grpc-google-cloud-storage-control-v2/pom.xml b/grpc-google-cloud-storage-control-v2/pom.xml
index aa5de4e5d..513b93d0b 100644
--- a/grpc-google-cloud-storage-control-v2/pom.xml
+++ b/grpc-google-cloud-storage-control-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-storage-control-v2</artifactId>
-  <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
+  <version>2.32.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
   <name>grpc-google-cloud-storage-control-v2</name>
   <description>GRPC library for google-cloud-storage</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/grpc-google-cloud-storage-v2/pom.xml b/grpc-google-cloud-storage-v2/pom.xml
index c0bba5348..1b3af8d2b 100644
--- a/grpc-google-cloud-storage-v2/pom.xml
+++ b/grpc-google-cloud-storage-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-storage-v2</artifactId>
-  <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
+  <version>2.32.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
   <name>grpc-google-cloud-storage-v2</name>
   <description>GRPC library for grpc-google-cloud-storage-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index e2d360192..ff8cfeed4 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-storage-parent</artifactId>
   <packaging>pom</packaging>
-  <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+  <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
   <name>Storage Parent</name>
   <url>https://github.com/googleapis/java-storage</url>
   <description>
@@ -76,7 +76,7 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-storage</artifactId>
-        <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+        <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.apis</groupId>
@@ -117,32 +117,32 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-storage-v2</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-storage-v2</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>gapic-google-cloud-storage-v2</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-storage-control-v2</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-storage-control-v2</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-storage-control</artifactId>
-        <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage-control:current} -->
+        <version>2.32.1-alpha</version><!-- {x-version-update:google-cloud-storage-control:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
diff --git a/proto-google-cloud-storage-control-v2/pom.xml b/proto-google-cloud-storage-control-v2/pom.xml
index 3a39a21b5..b7766aab5 100644
--- a/proto-google-cloud-storage-control-v2/pom.xml
+++ b/proto-google-cloud-storage-control-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-storage-control-v2</artifactId>
-  <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
+  <version>2.32.1-alpha</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
   <name>proto-google-cloud-storage-control-v2</name>
   <description>Proto library for  proto-google-cloud-storage-control-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/proto-google-cloud-storage-v2/pom.xml b/proto-google-cloud-storage-v2/pom.xml
index d9190e0f6..fd755f8ba 100644
--- a/proto-google-cloud-storage-v2/pom.xml
+++ b/proto-google-cloud-storage-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-storage-v2</artifactId>
-  <version>2.32.1-alpha-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
+  <version>2.32.1-alpha</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
   <name>proto-google-cloud-storage-v2</name>
   <description>PROTO library for proto-google-cloud-storage-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index 9292ed062..cb68f81b6 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -28,7 +28,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-storage</artifactId>
-      <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+      <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
     </dependency>
 
     <dependency>
diff --git a/storage-shared-benchmarking/pom.xml b/storage-shared-benchmarking/pom.xml
index e5fa4fd2d..c968e0790 100644
--- a/storage-shared-benchmarking/pom.xml
+++ b/storage-shared-benchmarking/pom.xml
@@ -10,7 +10,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
 
   <properties>
@@ -31,7 +31,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-storage</artifactId>
-      <version>2.32.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
+      <version>2.32.1</version><!-- {x-version-update:google-cloud-storage:current} -->
       <classifier>tests</classifier>
     </dependency>
     <dependency>
diff --git a/versions.txt b/versions.txt
index 3763b9deb..b32e8c7fa 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,10 +1,10 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-storage:2.32.0:2.32.1-SNAPSHOT
-gapic-google-cloud-storage-v2:2.32.0-alpha:2.32.1-alpha-SNAPSHOT
-grpc-google-cloud-storage-v2:2.32.0-alpha:2.32.1-alpha-SNAPSHOT
-proto-google-cloud-storage-v2:2.32.0-alpha:2.32.1-alpha-SNAPSHOT
-google-cloud-storage-control:2.32.0-alpha:2.32.1-alpha-SNAPSHOT
-proto-google-cloud-storage-control-v2:2.32.0-alpha:2.32.1-alpha-SNAPSHOT
-grpc-google-cloud-storage-control-v2:2.32.0-alpha:2.32.1-alpha-SNAPSHOT
+google-cloud-storage:2.32.1:2.32.1
+gapic-google-cloud-storage-v2:2.32.1-alpha:2.32.1-alpha
+grpc-google-cloud-storage-v2:2.32.1-alpha:2.32.1-alpha
+proto-google-cloud-storage-v2:2.32.1-alpha:2.32.1-alpha
+google-cloud-storage-control:2.32.1-alpha:2.32.1-alpha
+proto-google-cloud-storage-control-v2:2.32.1-alpha:2.32.1-alpha
+grpc-google-cloud-storage-control-v2:2.32.1-alpha:2.32.1-alpha