diff --git a/gvfs-1.50.2.tar.xz b/gvfs-1.50.2.tar.xz
deleted file mode 100644
index 02ef182..0000000
--- a/gvfs-1.50.2.tar.xz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:03d72b8c15ef438110f0cf457b5655266c8b515d0412b30f4d55cfa0da06ac5e
-size 1214464
diff --git a/gvfs-1.50.3.tar.xz b/gvfs-1.50.3.tar.xz
new file mode 100644
index 0000000..a48539c
--- /dev/null
+++ b/gvfs-1.50.3.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:6897119e97bb16029d2778e1a5a54a6a6592631f8b2f3a2a1dea4ef2b01803fd
+size 1227548
diff --git a/gvfs.changes b/gvfs.changes
index 1a83683..0444f9c 100644
--- a/gvfs.changes
+++ b/gvfs.changes
@@ -1,3 +1,16 @@
+-------------------------------------------------------------------
+Fri Jan  6 19:21:26 UTC 2023 - Bjørn Lie <bjorn.lie@gmail.com>
+
+- Update to version 1.50.3:
+  + dav: Prevent usage of NULL when user is not specified.
+  + ftp: Fix hangs when the connection is released.
+  + fuse: Decrease file handle reference when open file fail.
+  + sftp: PATH-expand the ssh client.
+  + test: Several smaller enhancements.
+  + backend: Add support for xx-large and x-large thumbnails.
+  + goa: Prevent automounts when resuming from suspension.
+  + Updated translations.
+
 -------------------------------------------------------------------
 Wed Aug  3 07:14:18 UTC 2022 - Marcus Meissner <meissner@suse.com>
 
diff --git a/gvfs.spec b/gvfs.spec
index a681ff5..64fadfe 100644
--- a/gvfs.spec
+++ b/gvfs.spec
@@ -1,7 +1,7 @@
 #
 # spec file for package gvfs
 #
-# Copyright (c) 2022 SUSE LLC
+# Copyright (c) 2023 SUSE LLC
 #
 # All modifications and additions to the file contributed by third parties
 # remain the property of their copyright owners, unless otherwise agreed
@@ -18,7 +18,7 @@
 
 %bcond_without  cdda
 Name:           gvfs
-Version:        1.50.2
+Version:        1.50.3
 Release:        0
 Summary:        Virtual File System functionality for GLib
 License:        GPL-3.0-only AND LGPL-2.0-or-later