diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2ecf5e3d..3983bcba 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### [2.1.7](https://www.github.com/googleapis/java-cloudbuild/compare/v2.1.6...v2.1.7) (2020-12-02)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v0.16.0 ([#340](https://www.github.com/googleapis/java-cloudbuild/issues/340)) ([f787291](https://www.github.com/googleapis/java-cloudbuild/commit/f787291f7eaefed97eeb979d04991bd90ab77dcb))
+
 ### [2.1.6](https://www.github.com/googleapis/java-cloudbuild/compare/v2.1.5...v2.1.6) (2020-11-17)
 
 
diff --git a/google-cloud-build-bom/pom.xml b/google-cloud-build-bom/pom.xml
index be4baa8e..217afd4a 100644
--- a/google-cloud-build-bom/pom.xml
+++ b/google-cloud-build-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-build-bom</artifactId>
-  <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:google-cloud-build:current} -->
+  <version>2.1.7</version><!-- {x-version-update:google-cloud-build:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -63,17 +63,17 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-build-v1</artifactId>
-        <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-build-v1:current} -->
+        <version>2.1.7</version><!-- {x-version-update:grpc-google-cloud-build-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-build-v1</artifactId>
-        <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-build-v1:current} -->
+        <version>2.1.7</version><!-- {x-version-update:proto-google-cloud-build-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-build</artifactId>
-        <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:google-cloud-build:current} -->
+        <version>2.1.7</version><!-- {x-version-update:google-cloud-build:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-build/pom.xml b/google-cloud-build/pom.xml
index 045b7163..826b6d2c 100644
--- a/google-cloud-build/pom.xml
+++ b/google-cloud-build/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-build</artifactId>
-  <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:google-cloud-build:current} -->
+  <version>2.1.7</version><!-- {x-version-update:google-cloud-build:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Build</name>
   <url>https://github.com/googleapis/java-cloudbuild</url>
@@ -13,7 +13,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-build-parent</artifactId>
-    <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:google-cloud-build:current} -->
+    <version>2.1.7</version><!-- {x-version-update:google-cloud-build:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-build</site.installationModule>
diff --git a/grpc-google-cloud-build-v1/pom.xml b/grpc-google-cloud-build-v1/pom.xml
index 3e9c74e8..ff73aa8a 100644
--- a/grpc-google-cloud-build-v1/pom.xml
+++ b/grpc-google-cloud-build-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-build-v1</artifactId>
-  <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-build-v1:current} -->
+  <version>2.1.7</version><!-- {x-version-update:grpc-google-cloud-build-v1:current} -->
   <name>grpc-google-cloud-build-v1</name>
   <description>GRPC library for grpc-google-cloud-build-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-build-parent</artifactId>
-    <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:google-cloud-build:current} -->
+    <version>2.1.7</version><!-- {x-version-update:google-cloud-build:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index ff2e5ae2..72edae0a 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-build-parent</artifactId>
   <packaging>pom</packaging>
-  <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:google-cloud-build:current} -->
+  <version>2.1.7</version><!-- {x-version-update:google-cloud-build:current} -->
   <name>Google Cloud Build Parent</name>
   <url>https://github.com/googleapis/java-cloudbuild</url>
   <description>
@@ -71,12 +71,12 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-build-v1</artifactId>
-        <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-build-v1:current} -->
+        <version>2.1.7</version><!-- {x-version-update:proto-google-cloud-build-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-build-v1</artifactId>
-        <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-build-v1:current} -->
+        <version>2.1.7</version><!-- {x-version-update:grpc-google-cloud-build-v1:current} -->
       </dependency>
 
       <dependency>
diff --git a/proto-google-cloud-build-v1/pom.xml b/proto-google-cloud-build-v1/pom.xml
index 597db531..3693d5cd 100644
--- a/proto-google-cloud-build-v1/pom.xml
+++ b/proto-google-cloud-build-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-build-v1</artifactId>
-  <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-build-v1:current} -->
+  <version>2.1.7</version><!-- {x-version-update:proto-google-cloud-build-v1:current} -->
   <name>proto-google-cloud-build-v1</name>
   <description>PROTO library for proto-google-cloud-build-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-build-parent</artifactId>
-    <version>2.1.7-SNAPSHOT</version><!-- {x-version-update:google-cloud-build:current} -->
+    <version>2.1.7</version><!-- {x-version-update:google-cloud-build:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/versions.txt b/versions.txt
index 6100501f..68ff0ed2 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-build:2.1.6:2.1.7-SNAPSHOT
-proto-google-cloud-build-v1:2.1.6:2.1.7-SNAPSHOT
-grpc-google-cloud-build-v1:2.1.6:2.1.7-SNAPSHOT
\ No newline at end of file
+google-cloud-build:2.1.7:2.1.7
+proto-google-cloud-build-v1:2.1.7:2.1.7
+grpc-google-cloud-build-v1:2.1.7:2.1.7
\ No newline at end of file