Try it, maybe it will help
Code:
Sub MyMacro1()
Dim i As Long ' a shape's canvas item index
On Error Resume Next '!
y = Selection.Range.ShapeRange(1).CanvasItems.Count
'MsgBox Selection.Range.ShapeRange(1).CanvasItems(2).Name
For i = 1 To y
If Selection.Range.ShapeRange(1).CanvasItems(i).TextFrame.HasText Then
' Selection.Range.ShapeRange(1).CanvasItems(i).TextFrame.TextRange.Font.Name = "Times New Roman"
Selection.Range.ShapeRange(1).CanvasItems(i).TextFrame.TextRange.Font.ColorIndex = wdBrightGreen
End If
Next
' WdColorIndex enumeration(Word)
' wdAuto 0 Automatic color. Default; usually black.
'wdBlack 1 Black color.
'wdBlue 2 Blue color.
'wdBrightGreen 4 Bright green color.
'wdByAuthor -1 Color defined by document author.
'wdDarkBlue 9 Dark blue color.
'wdDarkRed 13 Dark red color.
'wdDarkYellow 14 Dark yellow color.
'wdGray25 16 Shade 25 of gray color.
'wdGray50 15 Shade 50 of gray color.
'wdGreen 11 Green color.
'wdNoHighlight 0 Removes highlighting that has been applied.
'wdPink 5 Pink color.
'wdRed 6 Red color.
'wdTeal 10 Teal color.
'wdTurquoise 3 Turquoise color.
'wdViolet 12 Violet color.
'wdWhite 8 White color.
'wdYellow 7 Yellow color.
End Sub