diff --git a/CHANGELOG.md b/CHANGELOG.md
index ffa35f88..8cb14a01 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+### [0.123.16](https://www.github.com/googleapis/java-storage-nio/compare/v0.123.15...v0.123.16) (2021-10-21)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v2.4.0 ([#744](https://www.github.com/googleapis/java-storage-nio/issues/744)) ([5a3ac26](https://www.github.com/googleapis/java-storage-nio/commit/5a3ac269778ecfd237714d42803f27957b02c96d))
+* update dependency com.google.cloud:google-cloud-storage to v2.1.9 ([#743](https://www.github.com/googleapis/java-storage-nio/issues/743)) ([261d18b](https://www.github.com/googleapis/java-storage-nio/commit/261d18b885a03bb748f06b19eb5b19a4dbbf0d55))
+
 ### [0.123.15](https://www.github.com/googleapis/java-storage-nio/compare/v0.123.14...v0.123.15) (2021-10-05)
 
 
diff --git a/google-cloud-nio-examples/pom.xml b/google-cloud-nio-examples/pom.xml
index 4f396589..4ea41560 100644
--- a/google-cloud-nio-examples/pom.xml
+++ b/google-cloud-nio-examples/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-nio-examples</artifactId>
-  <version>0.123.16-SNAPSHOT</version><!-- {x-version-update:google-cloud-nio:current} -->
+  <version>0.123.16</version><!-- {x-version-update:google-cloud-nio:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud NIO Examples</name>
   <url>https://github.com/googleapis/java-storage-nio</url>
@@ -13,7 +13,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-nio-parent</artifactId>
-    <version>0.123.16-SNAPSHOT</version><!-- {x-version-update:google-cloud-nio:current} -->
+    <version>0.123.16</version><!-- {x-version-update:google-cloud-nio:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/google-cloud-nio-retrofit/pom.xml b/google-cloud-nio-retrofit/pom.xml
index e4df54ba..6fa14f25 100644
--- a/google-cloud-nio-retrofit/pom.xml
+++ b/google-cloud-nio-retrofit/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-nio-retrofit</artifactId>
-  <version>0.123.16-SNAPSHOT</version><!-- {x-version-update:google-cloud-nio:current} -->
+  <version>0.123.16</version><!-- {x-version-update:google-cloud-nio:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud NIO Retrofit Example</name>
   <url>https://github.com/googleapis/java-storage-nio</url>
@@ -12,7 +12,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-nio-parent</artifactId>
-    <version>0.123.16-SNAPSHOT</version><!-- {x-version-update:google-cloud-nio:current} -->
+    <version>0.123.16</version><!-- {x-version-update:google-cloud-nio:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-nio-retrofit</site.installationModule>
diff --git a/google-cloud-nio/pom.xml b/google-cloud-nio/pom.xml
index 0944cb5c..a91a1566 100644
--- a/google-cloud-nio/pom.xml
+++ b/google-cloud-nio/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-nio</artifactId>
-  <version>0.123.16-SNAPSHOT</version><!-- {x-version-update:google-cloud-nio:current} -->
+  <version>0.123.16</version><!-- {x-version-update:google-cloud-nio:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud NIO</name>
   <url>https://github.com/googleapis/java-storage-nio</url>
@@ -12,7 +12,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-nio-parent</artifactId>
-    <version>0.123.16-SNAPSHOT</version><!-- {x-version-update:google-cloud-nio:current} -->
+    <version>0.123.16</version><!-- {x-version-update:google-cloud-nio:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-nio</site.installationModule>
diff --git a/pom.xml b/pom.xml
index bcd8dd7b..04eb3ec0 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-nio-parent</artifactId>
   <packaging>pom</packaging>
-  <version>0.123.16-SNAPSHOT</version><!-- {x-version-update:google-cloud-nio:current} -->
+  <version>0.123.16</version><!-- {x-version-update:google-cloud-nio:current} -->
   <name>Storage Parent</name>
   <url>https://github.com/googleapis/java-storage-nio</url>
   <description>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index a1692027..95a440d4 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -28,7 +28,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-nio</artifactId>
-      <version>0.123.16-SNAPSHOT</version>
+      <version>0.123.16</version>
     </dependency>
     <!-- {x-version-update-end} -->
 
diff --git a/versions.txt b/versions.txt
index 52897736..b87825d5 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,4 +1,4 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-nio:0.123.15:0.123.16-SNAPSHOT
\ No newline at end of file
+google-cloud-nio:0.123.16:0.123.16
\ No newline at end of file