diff --git a/CHANGES.txt b/CHANGES.txt
index 44c0111..d666624 100644
--- a/CHANGES.txt
+++ b/CHANGES.txt
@@ -1,3 +1,8 @@
+4.2.4 - 2025-11-30
+--------------------
+- Eliminate usage of 'return' in 'finally' blocks (#438)
+- Prepare for release: v4.2.4 (#439)
+
 4.2.3 - 2025-11-16
 --------------------
 - Ensure that task results are delivered during pool shutdown (#435)
diff --git a/README.rst b/README.rst
index b6aeef3..ec04f70 100644
--- a/README.rst
+++ b/README.rst
@@ -4,7 +4,7 @@ billiard
 
 |build-status-lin| |build-status-win| |license| |wheel| |pyversion| |pyimp|
 
-:Version: 4.2.3
+:Version: 4.2.4
 :Web: https://billiard.readthedocs.io
 :Download: https://pypi.org/project/billiard/
 :Source: https://github.com/celery/billiard/
diff --git a/billiard/__init__.py b/billiard/__init__.py
index 91cccfd..79f7896 100644
--- a/billiard/__init__.py
+++ b/billiard/__init__.py
@@ -22,7 +22,7 @@
 
 from . import context
 
-VERSION = (4, 2, 3)
+VERSION = (4, 2, 4)
 __version__ = '.'.join(map(str, VERSION[0:4])) + "".join(VERSION[4:])
 __author__ = 'R Oudkerk / Python Software Foundation'
 __author_email__ = 'python-dev@python.org'