diff --git a/exec/configure.ac b/exec/configure.ac
index 41c4c8b5d42..634daa7906a 100644
--- a/exec/configure.ac
+++ b/exec/configure.ac
@@ -22,7 +22,7 @@ dnl  You should have received a copy of the GNU General Public License
 dnl  along with GNU Emacs.  If not, see <https://www.gnu.org/licenses/>.
 
 AC_PREREQ([2.65])
-AC_INIT([libexec], [30.0.90], [bug-gnu-emacs@gnu.org], [],
+AC_INIT([libexec], [31.0.50], [bug-gnu-emacs@gnu.org], [],
   [https://www.gnu.org/software/emacs/])
 
 AH_TOP([/* Copyright (C) 2024 Free Software Foundation, Inc.