diff --git a/Doc/c-api/module.rst b/Doc/c-api/module.rst
index ce9d5a0f758..3ea7aeb55d0 100644
--- a/Doc/c-api/module.rst
+++ b/Doc/c-api/module.rst
@@ -517,7 +517,7 @@ state:
 
    On success, return ``0``. On error, raise an exception and return ``-1``.
 
-   Return ``NULL`` if *value* is ``NULL``. It must be called with an exception
+   Return ``-1`` if *value* is ``NULL``. It must be called with an exception
    raised in this case.
 
    Example usage::
diff --git a/Misc/NEWS.d/next/Documentation/2024-07-14-11-48-10.gh-issue-121749.nxHoTk.rst b/Misc/NEWS.d/next/Documentation/2024-07-14-11-48-10.gh-issue-121749.nxHoTk.rst
new file mode 100644
index 00000000000..17dc60c1146
--- /dev/null
+++ b/Misc/NEWS.d/next/Documentation/2024-07-14-11-48-10.gh-issue-121749.nxHoTk.rst
@@ -0,0 +1 @@
+Fix documentation for :c:func:`PyModule_AddObjectRef`.