diff --git a/CHANGELOG.md b/CHANGELOG.md
index 61cd0326..f601c331 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # CHANGELOG
 
-## 3.16.5 - unreleased
+## 3.16.5 - 2024-07-07
 
 - Fixed Oj::Parser so that block procedures work correctly.
 
diff --git a/lib/oj/version.rb b/lib/oj/version.rb
index 6993dc25..4ffbcdec 100644
--- a/lib/oj/version.rb
+++ b/lib/oj/version.rb
@@ -1,4 +1,4 @@
 module Oj
   # Current version of the module.
-  VERSION = '3.16.5b'
+  VERSION = '3.16.5'
 end