diff --git a/README.md b/README.md
index a45c812c1..58053042d 100644
--- a/README.md
+++ b/README.md
@@ -60,7 +60,7 @@ Make sure you enable the full features of the tokio crate on Cargo.toml:
 
 ```toml
 [dependencies]
-tokio = { version = "1.51.2", features = ["full"] }
+tokio = { version = "1.51.3", features = ["full"] }
 ```
 Then, on your main.rs:
 
diff --git a/tokio/CHANGELOG.md b/tokio/CHANGELOG.md
index 93b9e7f8f..f641577f2 100644
--- a/tokio/CHANGELOG.md
+++ b/tokio/CHANGELOG.md
@@ -1,3 +1,12 @@
+# 1.51.3 (May 8th, 2026)
+
+### Fixed
+
+* sync: fix underflow in mpsc channel `len()` ([#8062])
+* sync: notify receivers in mpsc `OwnedPermit::release()` method ([#8075])
+* sync: require that an `RwLock` has `max_readers != 0` ([#8076])
+* sync: return `Empty` from `try_recv()` when mpsc is closed with outstanding permits ([#8074])
+
 # 1.51.2 (May 4th, 2026)
 
 This release reverts the LIFO slot stealing change introduced in 1.51.0
diff --git a/tokio/Cargo.toml b/tokio/Cargo.toml
index 3a206312e..6652b7621 100644
--- a/tokio/Cargo.toml
+++ b/tokio/Cargo.toml
@@ -6,7 +6,7 @@ name = "tokio"
 #   - README.md
 # - Update CHANGELOG.md.
 # - Create "v1.x.y" git tag.
-version = "1.51.2"
+version = "1.51.3"
 edition = "2021"
 rust-version = "1.71"
 authors = ["Tokio Contributors <team@tokio.rs>"]
diff --git a/tokio/README.md b/tokio/README.md
index a45c812c1..58053042d 100644
--- a/tokio/README.md
+++ b/tokio/README.md
@@ -60,7 +60,7 @@ Make sure you enable the full features of the tokio crate on Cargo.toml:
 
 ```toml
 [dependencies]
-tokio = { version = "1.51.2", features = ["full"] }
+tokio = { version = "1.51.3", features = ["full"] }
 ```
 Then, on your main.rs: