diff --git a/CHANGELOG.md b/CHANGELOG.md
index bb96e70b4c..32180d6d4e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # CHANGELOG
 
-## next release
+## 3.306.3 - 2024-05-09
 
 * `Aws\VerifiedPermissions` - Adds policy effect and actions fields to Policy API's.
 * `Aws\SsmSap` - Added support for application-aware start/stop of SAP applications running on EC2 instances, with SSM for SAP
diff --git a/src/Sdk.php b/src/Sdk.php
index 0d43865de9..f773c9c05e 100644
--- a/src/Sdk.php
+++ b/src/Sdk.php
@@ -771,7 +771,7 @@
  */
 class Sdk
 {
-    const VERSION = '3.306.2';
+    const VERSION = '3.306.3';
 
     /** @var array Arguments for creating clients */
     private $args;