diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index c780583532b2..4b17fde8c2f4 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -659,7 +659,7 @@
   "google-cloud-tpu+FILLER": "0.0.0",
   "google-cloud-tpu-v1": "0.7.0",
   "google-cloud-tpu-v1+FILLER": "0.0.0",
-  "google-cloud-trace": "0.42.2",
+  "google-cloud-trace": "0.43.0",
   "google-cloud-trace+FILLER": "0.0.0",
   "google-cloud-trace-v1": "0.9.0",
   "google-cloud-trace-v1+FILLER": "0.0.0",
diff --git a/google-cloud-trace/CHANGELOG.md b/google-cloud-trace/CHANGELOG.md
index 5c8fb477b834..20624f80c757 100644
--- a/google-cloud-trace/CHANGELOG.md
+++ b/google-cloud-trace/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Release History
 
+### 0.43.0 (2024-03-07)
+
+#### Features
+
+* Update minimum supported Ruby version to 2.7 ([#25298](https://github.com/googleapis/google-cloud-ruby/issues/25298)) 
+
 ### 0.42.2 (2023-05-19)
 
 #### Documentation
diff --git a/google-cloud-trace/lib/google/cloud/trace/version.rb b/google-cloud-trace/lib/google/cloud/trace/version.rb
index 08b2e99d7e91..dca445ca4078 100644
--- a/google-cloud-trace/lib/google/cloud/trace/version.rb
+++ b/google-cloud-trace/lib/google/cloud/trace/version.rb
@@ -16,7 +16,7 @@
 module Google
   module Cloud
     module Trace
-      VERSION = "0.42.2".freeze
+      VERSION = "0.43.0".freeze
     end
   end
 end