Sherman-Morrison formula (e.g., cf. in the matrix cookbook, sec. 3.2.4)
$$(A + bc^T)^{-1} = A^{-1} - \frac{A^{-1} bc^T A^{-1}}{1 + c^T A^{-1} b} \ .$$
Question/Clarification: If $$(A + \alpha bc^T)^{-1} = A^{-1} - \alpha \frac{A^{-1} bc^T A^{-1}}{1 + \alpha^2 c^T A^{-1} b}$$
Is it true? If yes, then how? If incorrect, please suggest the correct one.
If $\alpha \in \mathbb{R}$, then
view the problem as
$$(A+(\alpha b)c^T)^{-1}$$
that is whenever we see a $b$, we replace it by $\alpha b$, then we obtain
$$(A + (\alpha b)c^T)^{-1} = A^{-1} - \frac{A^{-1} (\alpha b)c^T A^{-1}}{1 + \alpha c^T A^{-1} b} =A^{-1} - \alpha \frac{A^{-1} bc^T A^{-1}}{1 + \alpha \cdot c^T A^{-1} b}$$
where all the inverse terms are assumed to exist.
Edit:
A numerical example: