diff --git a/CHANGELOG.md b/CHANGELOG.md
index b67bd7e1ef901..7282f48771ad4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,20 @@
 breaking changes in the upcoming 3.x release. This release is scheduled for
 2024-12 or 2025-01.
 
-## v2.32.0 - TBD
+## v2.32.0 - 2024-12
+
+### [Spanner](/google/cloud/spanner/README.md)
+
+- feat(spanner): add samples for MR CMEK ([#14674](https://github.com/googleapis/google-cloud-cpp/pull/14674))
+
+### [Common Libraries](/google/cloud/README.md)
+
+- feat(rest): support generateIdToken in impersonation url ([#14853](https://github.com/googleapis/google-cloud-cpp/pull/14853))
+- feat(rest): support impersonated ADC ([#14815](https://github.com/googleapis/google-cloud-cpp/pull/14815))
+
+### [Google APIs interface definitions](https://github.com/googleapis/googleapis)
+
+- This release is based on definitions as of [2024-11-28T13:52:13-08:00](https://github.com/googleapis/googleapis/tree/d675ec222c431e3346ba8aaf0027392fe8b3d90c)
 
 ## v2.31.0 - 2024-11
 
diff --git a/CMakeLists.txt b/CMakeLists.txt
index f3f6e8a9391af..a03a212f4cc69 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -23,7 +23,7 @@ project(
     google-cloud-cpp
     VERSION 2.32.0
     LANGUAGES CXX)
-set(PROJECT_VERSION_PRE_RELEASE "rc")
+set(PROJECT_VERSION_PRE_RELEASE "")
 
 if (NOT "${PROJECT_VERSION_PRE_RELEASE}" STREQUAL "")
     set(PROJECT_VERSION "${PROJECT_VERSION}-${PROJECT_VERSION_PRE_RELEASE}")
diff --git a/MODULE.bazel b/MODULE.bazel
index c795facba8bcb..dd257962bd606 100644
--- a/MODULE.bazel
+++ b/MODULE.bazel
@@ -16,7 +16,7 @@
 
 module(
     name = "google_cloud_cpp",
-    version = "2.32.0-rc",  # Updated by CMake
+    version = "2.32.0",  # Updated by CMake
     compatibility_level = 2,  # Updated by CMake
 )
 
diff --git a/google/cloud/internal/version_info.h b/google/cloud/internal/version_info.h
index a07e41d142d2b..e6972a78ecca6 100644
--- a/google/cloud/internal/version_info.h
+++ b/google/cloud/internal/version_info.h
@@ -21,6 +21,6 @@
 #define GOOGLE_CLOUD_CPP_VERSION_MINOR 32
 // NOLINTNEXTLINE(modernize-macro-to-enum)
 #define GOOGLE_CLOUD_CPP_VERSION_PATCH 0
-#define GOOGLE_CLOUD_CPP_VERSION_PRE_RELEASE "rc"
+#define GOOGLE_CLOUD_CPP_VERSION_PRE_RELEASE ""
 
 #endif  // GOOGLE_CLOUD_CPP_GOOGLE_CLOUD_INTERNAL_VERSION_INFO_H