diff --git a/sdk/core/Azure.Core/CHANGELOG.md b/sdk/core/Azure.Core/CHANGELOG.md
index b9863847e2504..fe6572e802eaa 100644
--- a/sdk/core/Azure.Core/CHANGELOG.md
+++ b/sdk/core/Azure.Core/CHANGELOG.md
@@ -1,13 +1,11 @@
 # Release History
 
-## 1.31.0-beta.1 (Unreleased)
+## 1.31.0 (2023-04-10)
 
 ### Features Added
 
 - Added the `RetryPolicy` type which can be used to create a custom retry policy.
-- Added the `Delay` type which can be used to customize delays.
-
-### Breaking Changes
+- Added the `DelayStrategy` type which can be used to customize delays.
 
 ### Bugs Fixed
 
@@ -16,8 +14,6 @@
 - Fixed equality comparison when comparing a `string` to a `ContentType` instance.
 - Jitter is added when using a `RetryMode` of `Fixed`.
 
-### Other Changes
-
 ## 1.30.0 (2023-03-09)
 
 ### Bugs Fixed
diff --git a/sdk/core/Azure.Core/src/Azure.Core.csproj b/sdk/core/Azure.Core/src/Azure.Core.csproj
index 331d26bbfb49c..a8a293c79b18d 100644
--- a/sdk/core/Azure.Core/src/Azure.Core.csproj
+++ b/sdk/core/Azure.Core/src/Azure.Core.csproj
@@ -2,7 +2,7 @@
   <PropertyGroup>
     <Description>This is the implementation of the Azure Client Pipeline</Description>
     <AssemblyTitle>Microsoft Azure Client Pipeline</AssemblyTitle>
-    <Version>1.31.0-beta.1</Version>
+    <Version>1.31.0</Version>
     <!--The ApiCompatVersion is managed automatically and should not generally be modified manually.-->
     <ApiCompatVersion>1.30.0</ApiCompatVersion>
     <PackageTags>Microsoft Azure Client Pipeline</PackageTags>