Something based on this
Sub BulletText()
Dim L As Long
Dim oshp As Shape
On Error GoTo err
Set oshp = ActiveWindow.Selection.ShapeRange(1)
If oshp.Type <> msoTextBox Then GoTo err2
If oshp.HasTextFrame Then
If oshp.TextFrame2.HasText Then
With oshp.TextFrame2.TextRange
For L = 1 To .Paragraphs.Count
Select Case .Paragraphs(L).ParagraphFormat.IndentLevel
Case Is = 1 ' note the FirstLine Indent is constant
.Paragraphs(L).ParagraphFormat.FirstLineIndent = cm2Points(-0.5)
.Paragraphs(L).ParagraphFormat.LeftIndent = cm2Points(0.5)
.Paragraphs(L).ParagraphFormat.Bullet.Font.Name = "WingDings"
.Paragraphs(L).ParagraphFormat.Bullet.Character = 167
.Paragraphs(L).ParagraphFormat.Bullet.Font.Fill.ForeColor.RGB = RGB(255, 0, 0)
End Select
Next L
End With
End If
End If
Exit Sub 'usual exit
err:
MsgBox "Please select something."
Exit Sub
err2:
MsgBox "Select a TEXTBOX"
End Sub
Function cm2Points(inVal As Single)
cm2Points = inVal * 28.346
End Function