diff --git a/CHANGELOG.md b/CHANGELOG.md
index 76f75d92..10811a95 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # sqlite3-ruby Changelog
 
+## 2.0.3 / 2024-07-29
+
+### Improved
+
+- `Database#quote` avoids allocating strings where reusing frozen strings is preferable. #548 @casperisfine
+
+
 ## 2.0.2 / 2024-05-23
 
 ### Dependencies
diff --git a/lib/sqlite3/version.rb b/lib/sqlite3/version.rb
index e9a78b65..8a10be4b 100644
--- a/lib/sqlite3/version.rb
+++ b/lib/sqlite3/version.rb
@@ -1,3 +1,3 @@
 module SQLite3
-  VERSION = "2.0.2"
+  VERSION = "2.0.3"
 end