diff --git a/CHANGES.rst b/CHANGES.rst
index 78f1ad32..1ba0f341 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,7 +1,7 @@
 Version 2.3.2
 -------------
 
-Unreleased
+Released 2022-05-01
 
 -   Set ``Vary: Cookie`` header when the session is accessed, modified, or refreshed.
 -   Update Werkzeug requirement to >=2.3.3 to apply recent bug fixes.
diff --git a/requirements/tests-pallets-min.in b/requirements/tests-pallets-min.in
index 65a46faf..5b2a6ff7 100644
--- a/requirements/tests-pallets-min.in
+++ b/requirements/tests-pallets-min.in
@@ -1,4 +1,4 @@
-Werkzeug==2.3.0
+Werkzeug==2.3.3
 Jinja2==3.1.2
 MarkupSafe==2.1.1
 itsdangerous==2.1.2
diff --git a/requirements/tests-pallets-min.txt b/requirements/tests-pallets-min.txt
index 94598879..1a79a37b 100644
--- a/requirements/tests-pallets-min.txt
+++ b/requirements/tests-pallets-min.txt
@@ -1,4 +1,4 @@
-# SHA1:93a20a0c3518e8617dd501183caffc1364455d8d
+# SHA1:0b58503b99aabc227b7f39357216d676d9987a12
 #
 # This file is autogenerated by pip-compile-multi
 # To update, run:
@@ -18,5 +18,5 @@ markupsafe==2.1.1
     #   -r requirements/tests-pallets-min.in
     #   jinja2
     #   werkzeug
-werkzeug==2.3.0
+werkzeug==2.3.3
     # via -r requirements/tests-pallets-min.in
diff --git a/src/flask/__init__.py b/src/flask/__init__.py
index d0db550d..0bef2213 100644
--- a/src/flask/__init__.py
+++ b/src/flask/__init__.py
@@ -38,7 +38,7 @@ from .templating import render_template_string as render_template_string
 from .templating import stream_template as stream_template
 from .templating import stream_template_string as stream_template_string
 
-__version__ = "2.3.2.dev"
+__version__ = "2.3.2"
 
 
 def __getattr__(name):