diff --git a/java-optimization/CHANGELOG.md b/java-optimization/CHANGELOG.md
index 83320e52abf..691cde71a24 100644
--- a/java-optimization/CHANGELOG.md
+++ b/java-optimization/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [1.1.2](https://github.com/googleapis/java-optimization/compare/v1.1.1...v1.1.2) (2022-07-30)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v3 ([#71](https://github.com/googleapis/java-optimization/issues/71)) ([4193a5d](https://github.com/googleapis/java-optimization/commit/4193a5d7cfd0213b3568bcfa2e3e885904c13dcf))
+
 ## [1.1.1](https://github.com/googleapis/java-optimization/compare/v1.1.0...v1.1.1) (2022-07-13)
 
 
diff --git a/java-optimization/google-cloud-optimization-bom/pom.xml b/java-optimization/google-cloud-optimization-bom/pom.xml
index 7d3e69cc9fc..1efe1dde7db 100644
--- a/java-optimization/google-cloud-optimization-bom/pom.xml
+++ b/java-optimization/google-cloud-optimization-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-optimization-bom</artifactId>
-  <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-optimization:current} -->
+  <version>1.1.2</version><!-- {x-version-update:google-cloud-optimization:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -65,17 +65,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-optimization</artifactId>
-        <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-optimization:current} -->
+        <version>1.1.2</version><!-- {x-version-update:google-cloud-optimization:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-optimization-v1</artifactId>
-        <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-optimization-v1:current} -->
+        <version>1.1.2</version><!-- {x-version-update:grpc-google-cloud-optimization-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-optimization-v1</artifactId>
-        <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-optimization-v1:current} -->
+        <version>1.1.2</version><!-- {x-version-update:proto-google-cloud-optimization-v1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/java-optimization/google-cloud-optimization/pom.xml b/java-optimization/google-cloud-optimization/pom.xml
index 1e41fd522c8..e032058b78a 100644
--- a/java-optimization/google-cloud-optimization/pom.xml
+++ b/java-optimization/google-cloud-optimization/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-optimization</artifactId>
-  <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-optimization:current} -->
+  <version>1.1.2</version><!-- {x-version-update:google-cloud-optimization:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Fleet Routing</name>
   <url>https://github.com/googleapis/java-optimization</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-optimization-parent</artifactId>
-    <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-optimization:current} -->
+    <version>1.1.2</version><!-- {x-version-update:google-cloud-optimization:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-optimization</site.installationModule>
diff --git a/java-optimization/grpc-google-cloud-optimization-v1/pom.xml b/java-optimization/grpc-google-cloud-optimization-v1/pom.xml
index 2bee0ee7bc4..965b96e10aa 100644
--- a/java-optimization/grpc-google-cloud-optimization-v1/pom.xml
+++ b/java-optimization/grpc-google-cloud-optimization-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-optimization-v1</artifactId>
-  <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-optimization-v1:current} -->
+  <version>1.1.2</version><!-- {x-version-update:grpc-google-cloud-optimization-v1:current} -->
   <name>grpc-google-cloud-optimization-v1</name>
   <description>GRPC library for google-cloud-optimization</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-optimization-parent</artifactId>
-    <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-optimization:current} -->
+    <version>1.1.2</version><!-- {x-version-update:google-cloud-optimization:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/java-optimization/pom.xml b/java-optimization/pom.xml
index 00eaad13b64..cc159a7bc32 100644
--- a/java-optimization/pom.xml
+++ b/java-optimization/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-optimization-parent</artifactId>
   <packaging>pom</packaging>
-  <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-optimization:current} -->
+  <version>1.1.2</version><!-- {x-version-update:google-cloud-optimization:current} -->
   <name>Google Cloud Fleet Routing Parent</name>
   <url>https://github.com/googleapis/java-optimization</url>
   <description>
@@ -69,17 +69,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-optimization</artifactId>
-        <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-optimization:current} -->
+        <version>1.1.2</version><!-- {x-version-update:google-cloud-optimization:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-optimization-v1</artifactId>
-        <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-optimization-v1:current} -->
+        <version>1.1.2</version><!-- {x-version-update:grpc-google-cloud-optimization-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-optimization-v1</artifactId>
-        <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-optimization-v1:current} -->
+        <version>1.1.2</version><!-- {x-version-update:proto-google-cloud-optimization-v1:current} -->
       </dependency>
 
       <dependency>
diff --git a/java-optimization/proto-google-cloud-optimization-v1/pom.xml b/java-optimization/proto-google-cloud-optimization-v1/pom.xml
index e5b9b887a61..2a37b37798a 100644
--- a/java-optimization/proto-google-cloud-optimization-v1/pom.xml
+++ b/java-optimization/proto-google-cloud-optimization-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-optimization-v1</artifactId>
-  <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-optimization-v1:current} -->
+  <version>1.1.2</version><!-- {x-version-update:proto-google-cloud-optimization-v1:current} -->
   <name>proto-google-cloud-optimization-v1</name>
   <description>Proto library for google-cloud-optimization</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-optimization-parent</artifactId>
-    <version>1.1.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-optimization:current} -->
+    <version>1.1.2</version><!-- {x-version-update:google-cloud-optimization:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/java-optimization/samples/snapshot/pom.xml b/java-optimization/samples/snapshot/pom.xml
index 8c507cd0da3..8dffbf0b4ec 100644
--- a/java-optimization/samples/snapshot/pom.xml
+++ b/java-optimization/samples/snapshot/pom.xml
@@ -28,7 +28,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-optimization</artifactId>
-      <version>1.1.2-SNAPSHOT</version>
+      <version>1.1.2</version>
     </dependency>
     <!-- {x-version-update-end} -->
 
diff --git a/java-optimization/versions.txt b/java-optimization/versions.txt
index 3d624db9dad..7926dcc36a6 100644
--- a/java-optimization/versions.txt
+++ b/java-optimization/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-optimization:1.1.1:1.1.2-SNAPSHOT
-proto-google-cloud-optimization-v1:1.1.1:1.1.2-SNAPSHOT
-grpc-google-cloud-optimization-v1:1.1.1:1.1.2-SNAPSHOT
+google-cloud-optimization:1.1.2:1.1.2
+proto-google-cloud-optimization-v1:1.1.2:1.1.2
+grpc-google-cloud-optimization-v1:1.1.2:1.1.2