diff --git a/CMakeLists.txt b/CMakeLists.txt
index bbf5f0946..1148aa90b 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -342,6 +342,10 @@ set(MAGNUM_PLUGINS_AUDIOIMPORTER_DIR ${MAGNUM_PLUGINS_DIR}/audioimporters)
 set(MAGNUM_PLUGINS_AUDIOIMPORTER_DEBUG_DIR ${MAGNUM_PLUGINS_DEBUG_DIR}/audioimporters)
 set(MAGNUM_PLUGINS_AUDIOIMPORTER_RELEASE_DIR ${MAGNUM_PLUGINS_RELEASE_DIR}/audioimporters)
 
+# Library version
+set(MAGNUM_LIBRARY_VERSION 1.0)
+set(MAGNUM_LIBRARY_SOVERSION 0)
+
 add_subdirectory(modules)
 add_subdirectory(src)
 
diff --git a/src/Magnum/Audio/CMakeLists.txt b/src/Magnum/Audio/CMakeLists.txt
index 9123ddaa1..e35b9cf43 100644
--- a/src/Magnum/Audio/CMakeLists.txt
+++ b/src/Magnum/Audio/CMakeLists.txt
@@ -62,7 +62,9 @@ target_include_directories(MagnumAudio PUBLIC ${OPENAL_INCLUDE_DIR})
 set_target_properties(MagnumAudio PROPERTIES
     DEBUG_POSTFIX "-d"
     FOLDER "Magnum/Audio")
-if(BUILD_STATIC_PIC)
+if(NOT BUILD_STATIC)
+    set_target_properties(MagnumAudio PROPERTIES VERSION ${MAGNUM_LIBRARY_VERSION} SOVERSION ${MAGNUM_LIBRARY_SOVERSION})
+elseif(BUILD_STATIC_PIC)
     set_target_properties(MagnumAudio PROPERTIES POSITION_INDEPENDENT_CODE ON)
 endif()
 target_link_libraries(MagnumAudio Magnum Corrade::PluginManager ${OPENAL_LIBRARY})
diff --git a/src/Magnum/CMakeLists.txt b/src/Magnum/CMakeLists.txt
index 9e12eed46..e97cbf271 100644
--- a/src/Magnum/CMakeLists.txt
+++ b/src/Magnum/CMakeLists.txt
@@ -254,6 +254,7 @@ set_target_properties(Magnum PROPERTIES
     FOLDER "Magnum")
 if(NOT BUILD_STATIC)
     target_compile_definitions(Magnum PRIVATE "FlextGL_EXPORTS")
+    set_target_properties(Magnum PROPERTIES VERSION ${MAGNUM_LIBRARY_VERSION} SOVERSION ${MAGNUM_LIBRARY_SOVERSION})
 elseif(BUILD_STATIC_PIC)
     set_target_properties(Magnum PROPERTIES POSITION_INDEPENDENT_CODE ON)
 endif()
diff --git a/src/Magnum/DebugTools/CMakeLists.txt b/src/Magnum/DebugTools/CMakeLists.txt
index 375833606..b018dff36 100644
--- a/src/Magnum/DebugTools/CMakeLists.txt
+++ b/src/Magnum/DebugTools/CMakeLists.txt
@@ -114,7 +114,9 @@ add_library(MagnumDebugTools ${SHARED_OR_STATIC}
 set_target_properties(MagnumDebugTools PROPERTIES
     DEBUG_POSTFIX "-d"
     FOLDER "Magnum/DebugTools")
-if(BUILD_STATIC_PIC)
+if(NOT BUILD_STATIC)
+    set_target_properties(MagnumDebugTools PROPERTIES VERSION ${MAGNUM_LIBRARY_VERSION} SOVERSION ${MAGNUM_LIBRARY_SOVERSION})
+elseif(BUILD_STATIC_PIC)
     set_target_properties(MagnumDebugTools PROPERTIES POSITION_INDEPENDENT_CODE ON)
 endif()
 target_link_libraries(MagnumDebugTools Magnum)
diff --git a/src/Magnum/MeshTools/CMakeLists.txt b/src/Magnum/MeshTools/CMakeLists.txt
index b71e660d0..570664880 100644
--- a/src/Magnum/MeshTools/CMakeLists.txt
+++ b/src/Magnum/MeshTools/CMakeLists.txt
@@ -72,7 +72,9 @@ add_library(MagnumMeshTools ${SHARED_OR_STATIC}
 set_target_properties(MagnumMeshTools PROPERTIES
     DEBUG_POSTFIX "-d"
     FOLDER "Magnum/MeshTools")
-if(BUILD_STATIC_PIC)
+if(NOT BUILD_STATIC)
+    set_target_properties(MagnumMeshTools PROPERTIES VERSION ${MAGNUM_LIBRARY_VERSION} SOVERSION ${MAGNUM_LIBRARY_SOVERSION})
+elseif(BUILD_STATIC_PIC)
     set_target_properties(MagnumMeshTools PROPERTIES POSITION_INDEPENDENT_CODE ON)
 endif()
 target_link_libraries(MagnumMeshTools Magnum)
diff --git a/src/Magnum/Primitives/CMakeLists.txt b/src/Magnum/Primitives/CMakeLists.txt
index 33140b845..e6391f7a6 100644
--- a/src/Magnum/Primitives/CMakeLists.txt
+++ b/src/Magnum/Primitives/CMakeLists.txt
@@ -67,7 +67,9 @@ add_library(MagnumPrimitives ${SHARED_OR_STATIC}
 set_target_properties(MagnumPrimitives PROPERTIES
     DEBUG_POSTFIX "-d"
     FOLDER "Magnum/Primitives")
-if(BUILD_STATIC_PIC)
+if(NOT BUILD_STATIC)
+    set_target_properties(MagnumPrimitives PROPERTIES VERSION ${MAGNUM_LIBRARY_VERSION} SOVERSION ${MAGNUM_LIBRARY_SOVERSION})
+elseif(BUILD_STATIC_PIC)
     set_target_properties(MagnumPrimitives PROPERTIES POSITION_INDEPENDENT_CODE ON)
 endif()
 target_link_libraries(MagnumPrimitives Magnum)
diff --git a/src/Magnum/SceneGraph/CMakeLists.txt b/src/Magnum/SceneGraph/CMakeLists.txt
index e30a611c5..c2571e6f4 100644
--- a/src/Magnum/SceneGraph/CMakeLists.txt
+++ b/src/Magnum/SceneGraph/CMakeLists.txt
@@ -95,7 +95,9 @@ add_library(MagnumSceneGraph ${SHARED_OR_STATIC}
 set_target_properties(MagnumSceneGraph PROPERTIES
     DEBUG_POSTFIX "-d"
     FOLDER "Magnum/SceneGraph")
-if(BUILD_STATIC_PIC)
+if(NOT BUILD_STATIC)
+    set_target_properties(MagnumSceneGraph PROPERTIES VERSION ${MAGNUM_LIBRARY_VERSION} SOVERSION ${MAGNUM_LIBRARY_SOVERSION})
+elseif(BUILD_STATIC_PIC)
     set_target_properties(MagnumSceneGraph PROPERTIES POSITION_INDEPENDENT_CODE ON)
 endif()
 target_link_libraries(MagnumSceneGraph Magnum)
diff --git a/src/Magnum/Shaders/CMakeLists.txt b/src/Magnum/Shaders/CMakeLists.txt
index dc06202bd..fda09dbdd 100644
--- a/src/Magnum/Shaders/CMakeLists.txt
+++ b/src/Magnum/Shaders/CMakeLists.txt
@@ -61,7 +61,9 @@ add_library(MagnumShaders ${SHARED_OR_STATIC}
 set_target_properties(MagnumShaders PROPERTIES
     DEBUG_POSTFIX "-d"
     FOLDER "Magnum/Shaders")
-if(BUILD_STATIC_PIC)
+if(NOT BUILD_STATIC)
+    set_target_properties(MagnumShaders PROPERTIES VERSION ${MAGNUM_LIBRARY_VERSION} SOVERSION ${MAGNUM_LIBRARY_SOVERSION})
+elseif(BUILD_STATIC_PIC)
     set_target_properties(MagnumShaders PROPERTIES POSITION_INDEPENDENT_CODE ON)
 endif()
 target_link_libraries(MagnumShaders Magnum)
diff --git a/src/Magnum/Shapes/CMakeLists.txt b/src/Magnum/Shapes/CMakeLists.txt
index 67324f62d..244f4380a 100644
--- a/src/Magnum/Shapes/CMakeLists.txt
+++ b/src/Magnum/Shapes/CMakeLists.txt
@@ -72,7 +72,9 @@ add_library(MagnumShapes ${SHARED_OR_STATIC}
 set_target_properties(MagnumShapes PROPERTIES
     DEBUG_POSTFIX "-d"
     FOLDER "Magnum/Shapes")
-if(BUILD_STATIC_PIC)
+if(NOT BUILD_STATIC)
+    set_target_properties(MagnumShapes PROPERTIES VERSION ${MAGNUM_LIBRARY_VERSION} SOVERSION ${MAGNUM_LIBRARY_SOVERSION})
+elseif(BUILD_STATIC_PIC)
     set_target_properties(MagnumShapes PROPERTIES POSITION_INDEPENDENT_CODE ON)
 endif()
 target_link_libraries(MagnumShapes Magnum MagnumSceneGraph)
diff --git a/src/Magnum/Text/CMakeLists.txt b/src/Magnum/Text/CMakeLists.txt
index bc8081e66..95d1fdd6d 100644
--- a/src/Magnum/Text/CMakeLists.txt
+++ b/src/Magnum/Text/CMakeLists.txt
@@ -47,7 +47,9 @@ add_library(MagnumText ${SHARED_OR_STATIC}
 set_target_properties(MagnumText PROPERTIES
     DEBUG_POSTFIX "-d"
     FOLDER "Magnum/Text")
-if(BUILD_STATIC_PIC)
+if(NOT BUILD_STATIC)
+    set_target_properties(MagnumText PROPERTIES VERSION ${MAGNUM_LIBRARY_VERSION} SOVERSION ${MAGNUM_LIBRARY_SOVERSION})
+elseif(BUILD_STATIC_PIC)
     set_target_properties(MagnumText PROPERTIES POSITION_INDEPENDENT_CODE ON)
 endif()
 target_link_libraries(MagnumText Magnum MagnumTextureTools)
diff --git a/src/Magnum/TextureTools/CMakeLists.txt b/src/Magnum/TextureTools/CMakeLists.txt
index 28d3e80cf..af20ba326 100644
--- a/src/Magnum/TextureTools/CMakeLists.txt
+++ b/src/Magnum/TextureTools/CMakeLists.txt
@@ -44,7 +44,9 @@ add_library(MagnumTextureTools ${SHARED_OR_STATIC}
 set_target_properties(MagnumTextureTools PROPERTIES
     DEBUG_POSTFIX "-d"
     FOLDER "Magnum/TextureTools")
-if(BUILD_STATIC_PIC)
+if(NOT BUILD_STATIC)
+    set_target_properties(MagnumTextureTools PROPERTIES VERSION ${MAGNUM_LIBRARY_VERSION} SOVERSION ${MAGNUM_LIBRARY_SOVERSION})
+elseif(BUILD_STATIC_PIC)
     set_target_properties(MagnumTextureTools PROPERTIES POSITION_INDEPENDENT_CODE ON)
 endif()
 target_link_libraries(MagnumTextureTools Magnum)