diff --git a/changelog.md b/changelog.md
index 68598ea50..0ac870220 100644
--- a/changelog.md
+++ b/changelog.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## [4.8.0 (unreleased)](https://github.com/kdeldycke/click-extra/compare/v4.7.5...main)
+## [5.0.0 (unreleased)](https://github.com/kdeldycke/click-extra/compare/v4.7.5...main)
 
 ```{important}
 This version is not released yet and is under active development.
diff --git a/citation.cff b/citation.cff
index 04613d87c..0630f0f5d 100644
--- a/citation.cff
+++ b/citation.cff
@@ -8,7 +8,7 @@ authors:
     email: kevin@deldycke.com
     orcid: "https://orcid.org/0000-0001-9748-9014"
 doi: 10.5281/zenodo.7116050
-version: 4.8.0
+version: 5.0.0
 # The release date is kept up to date by the external workflows. See:
 # https://github.com/kdeldycke/workflows/blob/33b704b489c1aa18b7b7efbf963e153e91e1c810/.github/workflows/changelog.yaml#L135-L137
 date-released: 2024-05-22
diff --git a/click_extra/__init__.py b/click_extra/__init__.py
index c6c23775e..c38b85b96 100644
--- a/click_extra/__init__.py
+++ b/click_extra/__init__.py
@@ -17,7 +17,7 @@
 
 import sys
 
-__version__ = "4.8.0"
+__version__ = "5.0.0"
 """Examples of valid version strings according :pep:`440#version-scheme`:
 
 .. code-block:: python
diff --git a/pyproject.toml b/pyproject.toml
index e4b76ec9f..5dd2b905c 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,7 +1,7 @@
 [tool.poetry]
 # Docs: https://python-poetry.org/docs/pyproject/
 name = "click-extra"
-version = "4.8.0"
+version = "5.0.0"
 description = "🌈 Extra colorization and configuration loading for Click."
 license = 'GPL-2.0-or-later'
 authors = ["Kevin Deldycke <kevin@deldycke.com>"]
@@ -223,7 +223,7 @@ branch = true
 precision = 2
 
 [tool.bumpversion]
-current_version = "4.8.0"
+current_version = "5.0.0"
 allow_dirty = true
 
 [[tool.bumpversion.files]]